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Forging family's f lood of duds put the banks in peril; Gang printed millions in fake [pounds sterling]20 notes at an 85-year-old granny's flat.
- Article from:
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The Daily Mail (London, England)
- Article date:
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November 24, 2006
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Copyright informationCOPYRIGHT 2006 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A GANG of sophisticated forgers, including three generations of the same family, produced so many fake [pounds sterling]20 notes the whole banking system was under threat, a court heard yesterday.
Part of the printing was done in sheltered housing where the 85-year-old great grandmother of one of the gang lived.
A stash of [pounds sterling]22,000 of forged notes, wrapped in plastic, was on top of her kitchen cupboard, waiting to be distributed.
The 'family business' produced two-thirds of all the forged notes recovered by the Bank of England in 2005.
They had a face value of more than [pounds sterling]14million.
It was impossible to say how many more of the ...
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