Garda HQ said it is the first large-scale seizure of fake coins in Ireland. “It’s very unusual to fine these coins in such quality, mainly due to the effort it requires criminals to manufacture them and the relatively small pay-off,” a Garda source said.
Magnets can be used to detect fakes as genuine €2 and €1 coins are slightly magnetic, the Garda said. Photograph: iStockGardaí and the Central Bank have issued a warning about fake €2 coins in circulation following the discovery of almost €3,000 worth of counterfeit currency in Dublin.
These led to the discovery of 1,460 suspected counterfeit coins with an apparent face value of €2,920. A later examination confirmed they were forgeries. Investigators are trying to determine where the coins came from. The searches did not turn up any manufacturing equipment and initial indications suggest the coins were imported from elsewhere.
One person has been arrested in connection with the seizure and has already appeared before court. Assets worth just under €74,000 have been frozen in connection with the investigation.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Urgent Garda €2 warning after sting operation uncovers thousands of fake coinsScammers have been predominantly digital in their targeting of people over the last 18 months, but this is the first large seizure of counterfeit coins in this area by Gardai
Read more »
Over 400 drivers caught speeding in one day as new Garda speed vans introducedOver 400 drivers were caught speeding by Garda GoSafe speed vans yesterday - just weeks after the introduction of the vans on 61 new routes across the country.
Read more »
Victim of brutal Mountjoy Prison attack dies as Garda probe continuesThe prisoner has been named as Robert O’Connor (34) from Darndale in North Co Dublin.
Read more »
Almost 300 people injured during Garda ‘use of force’ incidents in 2022The need to 'effect an arrest' was the most common reason given by gardaí for the use of force, followed by the need to protect a garda
Read more »
Ex-PSNI officer is among three new senior Garda appointmentsLatest assistant commissioners confirmed by Policing Authority
Read more »