Law enforcement authorities have dismantled a sophisticated counterfeiting network responsible for producing and distributing high-quality fake Euro banknotes.

The joint effort, led by the Italian Carabinieri, French National Police, and Europol, resulted in 63 arrests.

The Naples-based criminal syndicate specialized in producing intricate forgeries dubbed “Napoli Group” banknotes – a testament to their level of deception. The quality of these fakes was so high that specialists from the European Central Bank confirmed the meticulous replication of security features.

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Investigators tracked down the group’s illicit activities, revealing at least 83 sales, seven courier arrests, and the seizure of €200,000 in counterfeit denominations of €20, €50, and €100 notes. The operation spanned several European countries, including France, Spain, Germany, Belgium, and the Netherlands.

The investigation kicked off in January 2023 by anti-counterfeiting specialists within the Carabinieri, who quickly received support from Europol. The collaboration centered on taking down the Naples-based ring and halting their pan-European counterfeit banknote distribution.

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