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PORTUGESE POLICE TODAY said they had confiscated a total of €380,200 in fake 200-euro notes, calling it “the world’s largest seizure of counterfeit euros”.
The 1,901 fake banknotes were discovered in a police operation in the northern city of Porto on Tuesday, during which a 46-year-old man was also arrested, the judicial police said in a statement.
The counterfeit bills were “of exceptional quality”, they said, adding that the counterfeiting operation had been active since 2002 in numerous countries, including Spain, Germany, Italy, Bulgaria and Portugal.
- © AFP 2013.
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Why print fake €200 notes? No one really accepts them. Better off with €50 notes?
Exactly all it takes is to go into a shop and ask for change or buy something small with the 50 note and then ya get real money for change :)
Hmmm so you have first hand experience at this type of thing eh? ;-)
@stephen. Look out for a programme on the bbc called The Real Hustle. Its all on there about how people get conned.
Go into a shop spend €60/70 quid get the rest in ‘real’ change.
200 euro notes are not legal tender in ireland but are in regular circulation in europe
I thought we were in Europe.
People throw around this legal tender term around too much without understanding it
So a counterfeit euro is worthless? In that case they should cone to Ireland where we have billions of near-worthless euros!
URGH
Meeow…
@mister
And what do you honestly think we are going to solve with a 99?
Sure, hasn’t the ECB being counterfeiting the same notes since 2001!?
As opposed to the official fiat currency, printed on paper, given a value and lent at interest, backed by neither Gold nor Silver.
It’s hardly €380,200 when they are counterfeit notes.
I wonder where the counterfeiters are getting all the printer toner.
Are you thinking what I’m thinking!!!!..Some Fake notes!!
Who? Never heard of him!!
Aengus Ó Snodaigh may or may not have been embroilled in a toner “scandel”
Cooking the books is easier than printing fake money.
Further details by searching in Google for ‘Masding Windle Hanna Devrajan’
Cheers
A Taxi Driver
Something fishy going on here. Portuguese police find “world’s largest haul of counterfeit euro notes” and the total is a paltry €380,000 ? I call shennigans on this – it is extraordinarily difficult to counterfeit notes and the investment in the necessary equipment alone would cost more than €380k. It would be more believable if it was €38m worth they found but €380k is suss.
I’m that poor I didn’t know that €200 notes existed! Real or otherwise!
Personalised quantitive easing!?
They re probably trying to pay off the national debt. Probably going to roll up to the Portuguese central bank to lodge the notes with them.
Now there’s an idea!
… indeed . Who needs promissory notes …….
The fake €200 notes would be intended for use in high class city’s and country’s where shops would be less suspicious!Monaco perfect example!
@ Perky beans look it up if you like. shops and business don’t have to accept them as we don’t use them in this country.
have your say