Crete Police Seize Fake €50 Banknotes

    Fake BanknotesGreek traders are warned to beware of fake 50 euro banknotes after police in Crete seized forgeries that experts say were likely printed in Bulgaria.

    Greece’s Financial and Economic Crime Unit claimed that the counterfeit banknotes seized in Crete were manufactured in Bulgaria and fully resemble forgeries found previously in other parts of the country, Bulgarian National Radio (BNR) reported Saturday.

    Police are investigating how the counterfeit money made its way from Bulgaria and whether some of it has been in circulation elsewhere in the country.

    Meanwhile, police in Crete also arrested a 30-year-old Bulgarian citizen and charged him with cultivation and possession of drugs after the authorities found cannabis plants at his home, BNR reports.