Istanbul police seize record $271 million in counterfeit bills

Baku, July 23, AZERTAC

Police seized $271 million of counterfeit bills—an all-time record high—at an illegal printing press in the Esenyurt district on the European side of Istanbul, according to Daily Sabah.

The Directorate of Combating Financial Crimes launched an operation Friday to investigate the printing press and initially did not find anything suspicious about the business. However, a detailed search revealed a secret door behind an electrical panel. About $271,150,000 in counterfeit U.S. dollars were stashed in the secret chamber.

Police arrested five suspects, including a former commissioner expelled over links to Gülenist Terror Group (FETÖ), as part of the investigation into the incident. Authorities are investigating whether any of the money was transferred to FETÖ.

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