Police Swoop On Suspected Darknet Fake Banknote Buyers

27
852

Police Swoop On Suspected Darknet Fake Banknote Buyers

Police have carried out house raids across Europe targeting buyers of fake banknotes made by what Europol said was the darknet’s second-largest counterfeit currency producer.

More than 26,000 fake banknotes had been bought from – and delivered by – the gang, according to the agency.

The estimated face value of the notes was about 1.3m euros ($1.4m; £1.1m).

A total of 11 arrests have been made and a further 33 suspects have been detained for questioning.

Europol said a total of 36 homes, across Germany, Austria, France, Greece, Ireland, Luxembourg and Spain, had been searched.

A print shop in Lower Saxony, Germany, said to have specialised in fake documents, has also been dismantled.

To minimise the risk of the suspects alerting each other, the police carried out the raids over a short period of time between 9 and 11 December.

The effort was a follow-up to an earlier operation, dubbed Deep Money, which had targeted the crime gang involved in making and distributing the fake currency.

In September, it was announced that five suspected members of the Portugal-based crime ring had been arrested and materials including ultraviolet inks and holographic bands, involved in the production of the fake currency, had been seized.

That had involved the extradition from Colombia of the alleged gang chief.

A spokeswoman for Europol told the BBC that many of the counterfeit bank notes had been sold via Wall Street Market.

The online marketplace had operated on the Tor network, which requires special software to access and meant the site had not been indexed by regular search engines such as Google.

The fake notes had been traded for cryptocurrencies, which buyers had used to try to keep their identities hidden.

Glitter Stink Bomb 2.0 To Deter Porch Pirates

Sales had been carried out via private messages and other encrypted chat platforms in a further effort to hide the activity.

Wall Street Market was taken offline by the German Federal Criminal Police in May, after being in business for about three years. The authorities said that illegal drugs and malware had also been sold via the site.

https://www.bbc.com

Earlier in the year, the European Central Bank reported that counterfeiting Euro bank notes appeared to be on the decline.

It based its analysis on the fact that a total of 251,000 counterfeit banknotes were withdrawn from circulation in the first half of 2019 – about a third less than for the same period in 2017.

Police Swoop On Suspected Darknet Fake Banknote Buyers

27 COMMENTS

  1. Hello there, just became aware of your blog through Google, and found that it is truly informative. I’m gonna watch out for brussels. I’ll be grateful if you continue this in future. Numerous people will be benefited from your writing. Cheers!

  2. A lot of of the things you assert is astonishingly legitimate and it makes me wonder the reason why I had not looked at this with this light previously. This particular piece truly did switch the light on for me personally as far as this specific subject goes. Nonetheless at this time there is 1 point I am not too comfy with so while I attempt to reconcile that with the actual core theme of the point, let me observe just what all the rest of your readers have to say.Very well done.

  3. Fantastic website you have here but I was wondering if you knew of any message boards that cover the same topics discussed in this article? I’d really like to be a part of online community where I can get comments from other experienced people that share the same interest. If you have any suggestions, please let me know. Thanks!

  4. A person essentially help to make seriously posts I would state. This is the first time I frequented your website page and thus far? I amazed with the research you made to make this particular publish extraordinary. Excellent job!

  5. I think this is among the most significant info for me. And i am glad reading your article. But wanna remark on some general things, The website style is perfect, the articles is really great : D. Good job, cheers

LEAVE A REPLY

Please enter your comment!
Please enter your name here