German central bank reports rise in counterfeit banknotes in 2023 : vimarsana.com

German central bank reports rise in counterfeit banknotes in 2023

German authorities found significantly more counterfeit euro banknotes in circulation in 2023 than in previous years, the German Bundesbank announced on Monday. Police, retailers and banks in Germany discovered almost 56,600 counterfeit banknotes, a 28% increase over 2022, according to the central bank. "The increase in the number of counterfeit notes is due to a few major cases of fraud, mainly involving counterfeit €200 and €500 banknotes," explained Bundesbank board member Burkhard Balz. Thos

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