48 million euros of counterfeit money seized in Naples

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In one Printing shop in Naples the Italian police did one Raid almost a million fake 50 euro notes confiscated in deceptively genuine quality. On Tuesday, the responsible public prosecutor’s office in the southern Italian city put the total amount at around 48 million euros.

Seven suspects were also identified arrestedincluding the alleged leader of the Counterfeiting gang.

This is obviously one Offshoot the so-called Napoli group, which has been under investigation for a long time. Napoli is the Italian name of Naples.

Counterfeit money printed using the offset process

According to the investigating authorities, the flowers were confiscated from a printing plant in an industrial area. The counterfeit money was printed in Offset processwhich, according to experts, is a significant higher quality results as a digital print. The raid took place at dawn on Tuesday. Investigators from Rome were also involved.

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