Foreigners Arrested For Producing Counterfeit Banknotes

Police officials in the Peloponnese apparently arrested two foreign nationals on charges of fraud and the production of thousands of counterfeit banknotes which are suspected of being distributed on the market. Specifically, authorities in the city of Tripoli said that two suspects, a 37-year-old from Rwanda and a 28-year-old from Cameroon, managed to convince their victims that they could turn packs of white paper the size of banknotes into genuine 50 and 100 Euro bills.

Officials made the arrest after raiding their hotel, where they met with an undercover police officer posing as a prospective buyer of 250,000 Euros in counterfeit money for which he had agree to pay 80,000 Euros.

Police found in their possession and seized 1,200 counterfeit 50 Euro bills and 60 counterfeit 100 Euro bills.