Police warn euro notes may make crime easier

EUROPE - The high value of euro banknotes may make financial crime easier by enabling criminals who transfer cash across borders to cram more money into briefcases, European police fear.

Europol, the European Union law enforcement agency, has warned that the existence of a € 500 bill - worth approximately $425 - could lead to a rise in money laundering after the introduction of euro notes and coins in January.

"Law enforcement authorities fear that especially high denominations (of € 200 and

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