BUSINESS

Cash forgers targeted importers, tourism

TAGS: Crime, Tourism

Seven men have been arrested in northern Greece after police seized bundles of fake US $100 bills stashed in a warehouse with a total face value of $200,000.

The suspects, all Greeks, aged 40 to 64, include a retired print shop worker.

Three more men are wanted for questioning.

Regional police chief Lieutenant General Miltiadis Poursanidis said on Wednesday that the notes were of a high quality and would not be detected by ordinary scanning devices.

The bills, he said, were destined for distribution at nearby import and tourism businesses.

A package of notes with a face value of $10,000 had already been sold for $2,500, Poursanidis said, but gave no further details.

[AP]

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