Lost Cause
It's a wrap!
- Joined
- Oct 7, 2001
- Posts
- 30,949
With a single trade currency, a hostile country only has to focus on making a good proof of the Euro, instead of multiple international banknotes. It won't take that long before the fake currency will destabilize the "Euro" concept. What do you think?
THESSALONIKI, Greece - A businessman was arrested after depositing 125 counterfeit 200-euro bills at a bank in northern Greece, police said Monday.
It was first case in Greece involving the high-value bank notes, normally avoided by forgers because their advanced security features.
Police said the 47-year-old man — who was not named — was arrested, and two of his business associates had been questioned. All three men denied any knowledge of the money being fake.
Authorities who examined the money described its production as sophisticated.
The euro is potentially attractive to forgers because it is used in 12 European Union countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
Most previous cases of forgery in Greece have involved 50-euro bills.
Security features on the high-value notes include foil strips, holograms and color-shifting ink.
*All safeguards can be obtained commercially, just like when the fake American currency came out before the new bills were even released!
THESSALONIKI, Greece - A businessman was arrested after depositing 125 counterfeit 200-euro bills at a bank in northern Greece, police said Monday.
It was first case in Greece involving the high-value bank notes, normally avoided by forgers because their advanced security features.
Police said the 47-year-old man — who was not named — was arrested, and two of his business associates had been questioned. All three men denied any knowledge of the money being fake.
Authorities who examined the money described its production as sophisticated.
The euro is potentially attractive to forgers because it is used in 12 European Union countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
Most previous cases of forgery in Greece have involved 50-euro bills.
Security features on the high-value notes include foil strips, holograms and color-shifting ink.
*All safeguards can be obtained commercially, just like when the fake American currency came out before the new bills were even released!