Pre - euro flood of forgeries is feared

EUROPE - Gangs of counterfeiters are set to offload fake francs, D-Marks and other eurozone currencies before the changeover to euro notes and coins in January, retailers have been warned.

Police in Italy, where more fake notes are produced than in any other EU country, said gangs with piles of counterfeit lire that will soon be useless to them are likely to make a last attempt to introduce them to the market.

In France the big retailer Carrefour is also worried. Patrick Armand, director of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: