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this post was submitted on 06 Apr 2024
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This is the best summary I could come up with:
Police in the northern German port city of Kiel on Friday said they had discovered counterfeit cash worth more than $103 million.
Officials think the haul of low-quality forgeries was part of a wider shipment operation for falsified bills from Turkey, through Germany, to the United States.
Investigators tracked the company locations of a suspect after US security authorities tipped off German federal police.
The trader allegedly used one of the accused's export companies in the Schleswig-Holstein town of Jübek as an interim storage facility for onward transport to the US.
The counterfeits, also known as "prop copies" or "movie money," are not particularly convincing and can be recognized as fakes upon closer inspection.
However, they have been classified by Germany's central Bundesbank and US authorities as likely to be confused with real money in payment transactions.
The original article contains 260 words, the summary contains 127 words. Saved 51%. I'm a bot and I'm open source!