Euro counterfeiting ring smashed by police

COLOMBIA’S secret police and Interpol have smashed what they said was Latin America’s first major counterfeiting ring to produce fake euro.

A raid on Sunday in downtown Bogota uncovered printing presses as well as fake euro with a nominal value of €54,260 and fake dollars with a nominal value of €83,937. Two suspects were arrested.

Pamphlets related to the country’s largest rebel group, the Revolutionary Armed Forces of Colombia, or FARC, also were found during the raid, said Jeremias Gonzalez, a detective with the international police agency.