FORGERY DISTRIBUTION GANG linked to the Italian mafia have been arrested in Alicante for dealing and spending counterfeit Euros.The gang are alleged to have purchased the fake cash from the Calabresa Mafia at a price between 30% and 40% of the face value of the notes. They then spent the money in local markets and small shops across the region.The Guardia Civil say they have arrested a total of 20 people in relation to the case, in Alicante, Valencia, Murcia, Málaga, Almería and Lugo, and that the notes were also distributed in Portugal and the North of Africa. 150,000 € worth of 20 and 50€ notes were recovered by the Guardia Civil, in an investigation which started at the end of last year.It’s thought the gang has distributed as much as a million fake Euros since being established.
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