Germany sees sharp rise in fake euros ...News

Russia Today - Economy
Germany sees sharp rise in fake euros
source : Russia Today ( News ) () 63
Counterfeit notes worth over €5 million were discovered last year, according to the Bundesbank The number of fake euro banknotes in circulation in Germany increased sharply last year compared to previous years, the country’s central bank revealed this week. Police, retailers, and banks in Germany discovered almost 56,600 counterfeit notes in 2023 with a supposed value of over €5 million, which represents a 28% increase compared to 2022, according to the Bundesbank. “The increase in the number of counterfeit notes is due to a few major cases of fraud, mainly involving counterfeit €200 ($217) and €500 ($541) banknot

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