Saturday, January 24, 2015

Counterfeits in 2014: 838,000 copies removed from the circuit – Six News

Counterfeits in 2014: 838,000 copies removed from the circuit – Six News

fake notes in 2014 were more numerous. 838,000 copies have been discovered and removed from the circuit.

 50 euros

$ 50

counterfeits in 2014 were the subject of a statistic mentioned by the ECB. The latter has already unveiled the new $ 10 euros in September is set to unveil the visual tickets 20 euros. They will be in circulation from February 24, 2015 in France, more than a year and a half after the introduction of the new banknotes of 5 euros. In parallel with this launch, the European Central Bank conducted a study and found that the ticket 20 euros were the first to be counterfeit.



Counterfeit bills in 2014 were partly clippings 20 euros

Among the counterfeit notes in 2014, there were 60% against 20 euros 50 euros 26% and 1% 5 euros. Some are still tackling large denomination since 0.5% of counterfeits concerned the 500 euros. Overall, there has been 838,000 copies removed from circulation and this figure is alarming because it is an increase compared to 2013. Two years ago, the ECB had recorded 670,000 copies. It thus represents a significant increase of 25% according to statistics provided by AFP.



Fake tickets ordered on the Internet

The number of counterfeit notes in 2014 may seem large, but the ECB considers that the real money in circulation is much higher. Indeed, in the euro area, nearly 16 billion tickets that were used. In the same vein, three young people were ordered for 5600 euro counterfeits. The request was made in the Oise from the Internet to an accuracy of Paris. Aged 20 to 23 years, they found themselves in immediate appearance last Thursday and they were sentenced to 18 months suspended sentence

Image Credits:. Byrev

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