Wednesday, July 6, 2016

German police union warned: The new 50-note can be faked – WirtschaftsWoche

On Tuesday, the new 50-euro bill was presented and already is stirring resistance. The new note is in no way “tamper-proof”, warns the German police union.

The German Police Union (DPolG) also holds the new 50-euro bill not for forgery. Although could the revised security features of bank note “contribute to better detect counterfeits and to facilitate the work of the police,” said DPolG chief Rainer Wendt newspapers of Funke Mediengruppe (Wednesday). “Man, however, must not be under the illusion that the new bill is now the criminal gangs puts the craft. You will find a way to falsify even this appearance. “

The 50-euro bill is after all the most counterfeited bill in Europe, Wendt pointed out , “Especially criminal gangs from Southern Europe were able to slip fake so well that a normal reader at checkout flowers were no longer recognizable.” The new 50-euro bill is to be brought under the people of 4 April 2017.

in the meantime, banks and retailers have an opportunity, equipment and personnel to the new bills set. On Tuesday, the European Central Bank (ECB) presented the redesigned banknote in Frankfurt the first time. Fives, tens and twenties are already in a revised version in circulation. The 50 is the most commonly used denominations of euro banknotes. More than eight billion of these are in circulation – about 45 percent of all Euro notes

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