During the raid, officers seized the print shop used to counterfeit euro banknotes of various denominations (5, 10, 20 and 50). It was equipped with the tools and materials used to produce highly sophisticated counterfeits. Officers at the scene confiscated printing and cutting machines, as well as raw materials for the banknotes and their security features. Analysis by the European Central Bank confirmed that the forged security features on the banknotes, such as holograms, were of high quality. The Carabinieri also seized the vendors’ electronic devices as well as their online channel used to advertise and sell the fake banknotes.Payment in cryptocurrencies and delivery via postFollowing reports of high-quality counterfeit banknotes in Austria, France, Germany, Italy, Luxembourg and Spain, Europol supported these countries in developing an intelligence picture. Tracing over 170 sales activities, investigators discovered that buyers could order counterfeit euro notes of various denominations via a dedicated communication channel. The producers would accept payment in cryptocurrencies and arrange for the fake bills to be sent via post.In addition to facilitating the information exchange, Europol financed and coordinated several operational activities. Europol also provided analytical support to identify countries where the counterfeit currency was distributed. On the action day, a Europol expert was deployed in Italy to provide technical support and cross-check the operational information against Europol’s databases and the systems of the European Central Bank.Participating countries:Austria: Criminal Intelligence Service Austria (Bundeskriminalamt)France: National Police (Police Nationale - Office central pour la répression du faux-monnayage (OCRFM))Germany: Federal Criminal Police Office (Bundeskriminalamt)Italy: Carabinieri (Arma dei Carabinieri - Comando Carabinieri Antifalsificazione Monetaria (CCAFM))Luxembourg: Grand–Ducale Police (Police Grand-Ducale)Spain: National Police (Policía Nacional)

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