Counterfeit notes alert as €13bn cash in circulation

THE Central Bank has warned people to be extra conscious of being passed counterfeit banknotes, with a record €13 billion in cash in circulation this Christmas.

Counterfeit notes alert as €13bn cash in circulation
Wed, 14 Dec, 2005 - 00:00
Sean McCarthaigh

This represents a 22% increase on the same time last year.

The Central Bank said it was also the busiest time of the year for counterfeiters due to the seasonal spending spree.

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