italian police

italian police

Italy Seizes 556,000 Euros in Fake Coins Minted in China

1w ago
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Investigators said Italian police on Friday seized 556,000 euros in fake euro coins minted in China from a ship container in the port city of Naples. Palermo prosecutor Calogero Ferrara, who led the so-called "Shanghai Money" investigation, told reporters that this was the largest such seizure in the history of Europe's common currency, which began circulating in 2002. According to Ferrera, the 306,000 coins were in 1- and 2-euro denominations. Investigators added that Carabinieri paramilitary police arrested 12 people, including four Chinese nationals, for conspiracy to produce and distribute counterfeit money. http://feeds.reuters.com/~r/Reuters/worldNews/~3/oAS59U89l-8/story01.htm http://www.wochit.com