International task force seizes fake money

DPA/The Local
DPA/The Local - [email protected] • 26 Nov, 2014 Updated Wed 26 Nov 2014 15:06 CEST
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Three are arrested in a raid carried out by hundreds of officers on a counterfeit cash scheme that panned across three countries.

After months of observation, investigators in Germany, Poland and the Czech Republic say they have broken up a counterfeit currency ring, they announced on Tuesday.

Three people were arrested on Tuesday. Twelve homes and multiple vehicles were searched and seized as part of the raids.

Police also took $100,000 counterfeit US Dollars.

Nearly 250 officers from the state detectives office (LKA), the police, the federal customs office and the counterfeit money branch of the Federal Bank were part of the bust.

A 65-year-old member of the ring was already arrested in the Saxon town of Zittau last week as part of the investigation. All of those arrested were male.

The police have been tracking the counterfeit money scheme since 2013. The group would make fake $100 USD bills in Germany and launder them through the Czech Republic.

"Fake US dollar bills are an unusual assignment for Saxony's state detectives," noted the head of the LKA, Jörg Michaelis.

Those arrested are facing jail times of two to three years.

The success is another win for international task forces, noted the LKA. Recently, another German-Czech task force broke up a crystal meth ring, confiscating enough chloroephedrine to manufacture €184 million worth of the drug.

SEE ALSO: German-Czech police smash meth ring

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DPA/The Local 2014/11/26 15:06

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