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Number of badly counterfeit euro banknotes in the Netherlands is increasing | Economy

In the past year, the number of counterfeit euro banknotes found in the Netherlands has almost doubled. According to the Dutch Bank (DNB), it mainly concerns poorly counterfeit bills.

A total of 38,200 counterfeit banknotes were withdrawn from circulation, a significant increase compared to the previous year.

The increase can be attributed to a number of major fraud cases, in which many badly counterfeit counterfeit €100 and €200 banknotes were found. The number of counterfeit €50 banknotes has decreased in recent years.

The number of low-quality counterfeits is on the rise in the Netherlands. These are counterfeits that are actually easy to spot because they have few of the security features, such as a watermark and a hologram.

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