Lithuanians held over
fake euros
11 MEN have been charged in Lithuania with masterminding what is believed to be Europe’s biggest ever euro counterfeiting operation. Police arrested the men in a raid on a printing works in Kaunas, Lithuania’s second largest city. Forged banknotes, worth at least nine million euros were seized, and investigators said the notes were of such high quality that they could not be distinguished from legitimate currency with the naked eye.The notes seized amount to the total of fake European currency destroyed in the first three months of this year, according to officials. The men were obviously forward thinkers, although Lithuania joined the European Union in May, the country has not yet adopted the euro as its currency, however it is expected to do so in 2006.
