Counterfeit euros on the rise

The number of counterfeit euro bills has increased dramatically in the Czech Republic last year, the Czech National Bank (CNB) announced on Monday. Compared to 2003, the central bank has recorded twice as many counterfeit bills. The number of fake Czech crowns and US dollars, on the other hand, have decreased. In total, the 9,289 counterfeit bills and coins uncovered amounted to 27.1 million crowns (1.2 million US dollars).

Author: Dita Asiedu