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Paper "worth" €600m confiscated in Hungary


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The European Police Office (Europol) and Hungarian security forces confiscated bank note paper "worth" 600 million euro last week. According to the German daily "Frankfurter Allgemeine Zeitung", eight tons (8,000 kg) of authentic note paper were found. Judging from the base colors, it was to be used for €50 and €200 notes.

 

http://www.faz.net/s/RubC8BA5576CDEE4A05AF...n~Scontent.html

(article in German)

 

Six people were arrested in Hungary. The paper seems to be from Germany, and was apparently stolen by an internationally operating criminal organization. More details will be made public today (Mon 10 Sep) at a press conference in Budapest.

 

Christian

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Here is an article in English:

http://www.digitaljournal.com/article/2262...cate_eight_tons

 

According to other (German language) sources, the paper was imported in 1995, and Hungarian customs started an investigation back then. Shortly afterwards the paper had "disappeared". In 1996 six tons (6000 kg) were found and confiscated, some time later another two tons. The "Silkeborg" security paper (named after a city in Denmark) could have been used for counterfeiting €50 and €200 notes but also Hungarian (HUF) and Swedish (SEK) notes.

 

Christian

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I'm curious if they can charge them with making fake money if all they had was the paper? My guess is they can only charge conspiracy, and not directly.

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