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Police arrest 'counterfeit gang' | Police arrest 'counterfeit gang' |
(20 minutes later) | |
Police say they have broken up a gang responsible for more than a quarter of the counterfeit money seized in the UK. | Police say they have broken up a gang responsible for more than a quarter of the counterfeit money seized in the UK. |
Detectives from City of London Police - which led the operation - estimated that over the past four years the gang supplied about £10m in fake notes. | Detectives from City of London Police - which led the operation - estimated that over the past four years the gang supplied about £10m in fake notes. |
As well as £20 and £50 notes, the gang dealt in Scottish banknotes and Euros. | As well as £20 and £50 notes, the gang dealt in Scottish banknotes and Euros. |
Four men and two women have been arrested after raids at two homes and a business in Essex; one man was held after a 45-minute car chase. | |
Officers have described it as the "most significant" operation in their history to detect counterfeiting. | Officers have described it as the "most significant" operation in their history to detect counterfeiting. |
When police arrived at one business address in Dagenham they found printing presses in operation. | |
SUSPECTS Man, 35, from Rainham, EssexWoman, 27, from Rainham, EssexMan, 46, from Canning Town, LondonWoman, 60, from Canning Town, LondonMan, 27, from Dagenham, EssexMan, 56, from Dagenham, Essex | |
One of the suspects escaped in a car. He was followed for 45 minutes by five police cars from three different forces and two helicopters, before eventually pulling over and giving himself up. | |
The raids arose from an investigation run by the Central Detective Unit from the City of London Police, the Bank of England and the Serious Organised Crime Agency. | |
Detective Inspector Dave Clark said: "Although the currency seized is not of high quality, it is still possible to pass these notes off as genuine to unsuspecting people. | |
"The City Police operation was the second of its kind within the last month and, together, has been responsible for the removal of a significant element of the UK's counterfeit currency." | |
The suspects, aged between 27 and 60, were from Rainham and Dagenham in Essex, and Canning Town in east London. |