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Seizure of fake bank notes soars At a time when available cash is notoriously low and families all over the world are feeling the pinch, the amount of fake bank notes seized in Portugal has soared, from 5,664 forged notes taken off the streets during the last six months of last year, to 9,874, almost double, seized between January and June this year. This is, in fact, a rise of 74 percent. According to the Bank of Portugal (BdP) the most commonly forged currency was the 50 note, followed by the 20, the least popular, not surprisingly, being the 5 note. Information released this week from the Central European Bank (BCE) showed that throughout Europe, during the first six months of this year, 387,000 fake bank notes were removed from circulation, 13 percent fewer than those recovered during the first half of last year. As in Portugal, bogus 50 notes were the most commonly found, making 42.5 percent of the total of recovered fake cash, followed by 20 (41.5 percent), and 100 notes, making up the remaining 12 percent. Five euro and 500 notes were the least forged type of paper cash, followed by 10 and 200 notes.
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