Investigators mentioned the system of printing euros, {dollars} and levs represents a critical assault on the monetary methods of Bulgaria and the European Union.
Bulgarian authorities say they’ve seized a big amount of counterfeit banknotes after dismantling a producing operation within the northern metropolis of Shumen.
Law enforcement officers mentioned on Tuesday that the faux banknotes, in denominations of fifty Bulgarian levs, 50 {dollars} and 500 euros, had been put into circulation, passing by a number of banks and ATMs.
Boyan Raev, deputy head of the General Directorate for Combating Organized Crime, mentioned authorities had discovered a major batch of Bulgarian 50 lev banknotes.
“The 50-dollar banknotes had been present in preparation, in addition to the printing plates wanted to provide them,” Raev mentioned on the press convention in Sofia. “500 euro banknotes had been additionally discovered prepared and printed.”
According to native authorities, two males with felony data had been arrested.
The group had efficiently circulated round 37,500 Bulgarian levs in counterfeit banknotes and produced round half 1,000,000 euros in faux 500 euro notes.
According to an evaluation by the European Central Bank, the counterfeit euro banknotes have to this point been thought of among the many most elaborate forgeries and have already been detected in a number of EU member states.
“From the analyzes of the five hundred euro banknotes it emerged that it was a so-called Superbill, i.e. a counterfeit of the best high quality,” the authorities mentioned.
According to Sofia, the operation was performed along with US and European regulation enforcement companies.
Investigators known as it a really critical assault towards the monetary system of Bulgaria and the EU.
