COUNTERFEIT CURRENCY SEIZED IN BULGARIA

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The E-Sylum: Volume 24, Number 12, March 21, 2021, Article 33

COUNTERFEIT CURRENCY SEIZED IN BULGARIA

This Associated Press article describes a recent seizure of counterfeit currency in Bulgaria. See the photo gallery online. -Editor

Counterfeit $100 notes seized in Bulgaria

Police seized high-quality forged banknotes produced at a printing office at a university in Bulgaria's capital, authorities said Tuesday.

In a joint operation with the U.S. Secret Service, Bulgarian police detained two people and seized a printing machine and equipment for printing money, along with large amounts of counterfeit U.S. dollar and euro notes.

The value of the seized currency is impressive. The material evidence speaks of serious criminal activity, Sofia police chief Georgi Hadzhiev said Tuesday.

Counterfeit 100 Euro notes seized in Bulgaria

The amount of counterfeit money seized is $4 million and 3.6 million euros, according to the prosecutor’s office.

Police believe that the two suspects are part of a larger criminal enterprise, dealing in the trafficking of counterfeit dollars to Ukraine, and of euros to Western Europe.

To read the complete article, see:
Bulgaria, US seize millions of counterfeit dollars, euros (https://finance.yahoo.com/news/bulgaria-us-secret-counterfeit-money-185644698.html)

Wayne Homren, Editor

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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