The criminal network dismantled in Italy produced 25% of all counterfeit euro banknotes in circulation
Law enforcement authorities from Italy, Belgium and France, supported by Europol, dismantled an organised crime network involved in euro counterfeiting.
On the action day on 15 July 2020, officers from the Italian Carabinieri Corps (Carabinieri) and its specialised Anti-Counterfeit Currency Unit arrested 44 suspects and froze criminal assets worth €8 million in Italy.
Asset recovery measures taken so far during the overall operation in Italy include the confiscation of 50 apartments, 8 business premises, 2 farms, 10 companies operating in various sectors, 12 vehicles, 1 luxurious boat and 22 bank accounts, all with an estimated total value of approximately €8 million. →
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