Millions of counterfeit dollars, euros seized by Bulgaria, US

SOFIA, BULGARIA (AP) — Police seized high-quality forged banknotes produced at a printing office at a university in Bulgaria’s capital, authorities said on Tuesday.

In a joint operation with the United States (US) Secret Service, Bulgarian police detained two people and seized a printing machine and equipment for printing money, along with large amounts of counterfeit US dollar and euro notes.

“The value of the seized currency is impressive. The material evidence speaks of serious criminal activity,” Sofia Police Chief Georgi Hadzhiev said on Tuesday.

The amount of counterfeit money seized is USD4 million and EUR3.6 million, according to the prosecutor’s office.

Police believe that the two suspects are part of a larger criminal enterprise, dealing in the trafficking of counterfeit dollars to Ukraine, and of euros to Western Europe.

Counterfeit money displayed on table at Bulgarian Prosecutor’s office as officials stand near, in Sofia. PHOTO: AP