Crime and Court news

Naples the European capital of counterfeit money

According to information released by the Italian Revenue Police, Naples is the European capital of counterfeit money.

Not only 50 percent of the counterfeit money printed in Europe comes from the city area, but Naples has even became the place where forgers from all over the Continent come to study the most advanced techniques.

The banknotes made in Naples are so good that they are sold at 25 percent of their nominal value and can be identified only by the Bank of Italy using special instruments.

To cost to start a clandestine mint is estimated in just 200,000 euros.

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