Central Banking

Fake note scam hits 50 shops

IRELAND - Forged euro notes were handed in to 50 Irish businesses last week, it emerged yesterday.

Some of the notes had been sprayed with sunscreen to prevent detection from ultra-violet lights in shops.

Even though the forged EUR50, EUR20 and EUR10 notes are said to be of poor quality busy retailers have been duped.

It is believed two gangs are behind the euro fraud.

One gang is operating in the south-west Dublin area and the other is thought to be in Edenmore in the north of the city.

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