arrest of 20 members of a suspected international counterfeit money distribution network, operating in Spain and Portugal.

code-named ‘Margarita-Kuskus,’ in Alicante, Valencia, Murcia, Malaga, Almeria and Lugo provinces, has led to the arrest of 20 members of a suspected international counterfeit money distribution network, operating in Spain and Portugal.
The operation, carried out in collaboration with the European Union's criminal intelligence agency (Europol), also resulted in the seizure of 150,000 fake euros in 50 and 20 euro denominations destined for distribution in Spain.

The investigation was launched toward the end of last year after in increase in false bank notes was detected in circulation in Alicante and Lugo Provinces. Given that the modus operandi of these crimes was the same in both provinces, Guardia Civil officers from both agreed to work in partnership on the investigation.

Once the distributors, mostly of North African origin, were identified and located, they were arrested. One of those arrested, a Torrevieja resident, with dual Spanish-Moroccan nationality who had worked as a judicial interpreter, now faces further charges of passing confidential information relating to the case to the criminal gang.The investigation revealed that the main distribution point in Spain was in Alicante Province, between Callosa del Segura and Torrevieja. The boss of the gang was identified as being from Torrevieja and three of his partners in crime were from nearby Callosa del Segura.Towards the end of October this year, Guardia Civil officers followed the head of the gang and stopped him at a toll-booth on the A-7 in Puzol, Valencia. It is believed he was on his way to southern Italy, with the intention of purchasing a large quantity of fake notes. When they searched his car, they found six wads of 20,000 euros in 20 euro bills. He was arrested along with another two men of North African origin, whose job was allegedly to make contact with other gang members, resident in Italy, where the counterfeit notes were printed by the Calabrian Mafia, ‘Ndrangheta’, one of the most powerful and violent known crime organizations in Italy.It is believed that other members of the organisation periodically travelled to Italy where they purchased the false money and smuggled it back into Spain hidden in specially designed compartments in their vehicles. As a security measure, the vehicle carrying the cash was always escorted ahead by a second vehicle whose purpose was to act as a look-out for any police presence or checks.

Once the money was in Spain, it was stored and at several premises between Callosa del Segura and Redovan, in the Orihuela area. From there, the notes were then distributed throughout Spain, Portugal and North Africa.

In a similar pattern to that known to be used by drug- trafficking gangs, the organisation had a further network of people who would purchase the fake notes at prices between 30 and 40 per cent of their face value. They would then introduce the money into the legal economic system, making small purchases that generally managed to avoid detection.Once the money had been changed into authentic cash, it was laundered through the purchase of properties, vehicles and other goods, often in other people’s names to avoid drawing attention to themselves.

Posted in: Portugal and North Africa,Spain