· 2 min read

Counterfeit Corner

Kerre Corbin
Kerre Corbin · Counterfeit Specialist
Counterfeit Corner

€11 million sophisticated counterfeiting print shop dismantled in Naples

On 14 August 2024, a sophisticated operation producing high-quality counterfeit €20, €50, and €100 banknotes was dismantled in Naples, Italy. The counterfeiter arrested was a notorious money forger and had printed and sold €8 million worth of fake banknotes across the Europe, with an additional €3 million seized at the print shop.

31 digital printers were used to print the counterfeit banknotes, which contained high quality simulations of the security features. The shop was hidden behind his garage; concealed behind a cabinet was a moveable wall which allowed access to the production facility.

This is an example of a professional counterfeiter, one who was mass- producing high-quality counterfeit banknotes. It is apparent that some professional counterfeiters are moving from traditional offset printing to digital printing methods and are still able to produce significant quantities of counterfeits.

Subscriber content

Read the full article

Full access to Currency News articles, newsletters and archives.

Sign Up to Currency News Weekly

Receive regular updates on the latest news and articles posted on our website.

Verity

Verity

AI search assistant

Ask me anything from the Currency News archives.

free questions remaining