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Portugese police on Wednesday said they had confiscated a total of 380,200 euros ($505,000) in fake 200-euro notes, calling it “the world’s largest seizure of counterfeit euros”.
The 1,901 fake banknotes were discovered in a police operation in the northern city of Porto on Tuesday, during which a 46-year-old man was also arrested, the judicial police said in a statement.
The counterfeit bills were “of exceptional quality”, they said, adding that the counterfeiting operation had been active since 2002 in numerous countries, including Spain, Germany, Italy, Bulgaria and Portugal.