In a written statement made by the Spanish National Police, it was reported that a raid was carried out in a facility converted from a warehouse in the city of Toledo where counterfeit 2 euro coins were printed.

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In the statement, it was stated that 10 Chinese nationals, who are said to be the ringleaders of one of the most important criminal organizations that mint counterfeit coins in Europe, were arrested in the operation.

In the statement, it was determined that the criminal organization has so far printed more than 500 thousand 2 euro coins distributed throughout Europe, 100 thousand of which were distributed in Spain, and although the investigation started in 2018, it was shared that the investigations progressed with difficulty due to the criminal organization's good disguise, the constant change of production points and the difficulties in monitoring the fake 2 euro coins made in very good quality.

In the statement, it was determined that the criminal organization, which has been active in Europe in recent years, produced the largest counterfeit coins in Fuenlabrada, Madrid in 2019 and in Barcelona in 2021.

According to the information provided, 80 cents was spent on the material used to mint each 2 euro counterfeit coin.

The operation of the Spanish National Police was also supported by the local police of Catalonia and the European Police Organization.