Police arrest 11 across Europe in counterfeit banknote raids

Eleven people have been arrested in coordinated raids across Europe as part of an investigation into the darknet's second-largest counterfeit currency producer, Europol announced on Monday.

More than 26,000 counterfeit banknotes, estimated to be worth €1.3 million had been sold by the criminal group, the agency added in a statement.

The cross-border investigation was triggered in July after Portuguese police dismantled a print shop and arrested five people.

Of the 36 raids carried out last week, 27 were done in Germany with the other nine spread out across Austria, France, Greece, Ireland, Luxembourg and Spain.

Authorities recovered counterfeit euro banknotes, drugs weapons, doping substances, illegally procured medicines as well as forged documents and virtual currency.

A clandestine documents print shop was also dismantled in Germany, Europol said.

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