Overview

• The 41-year-old suspect was arrested on May 27 in Xàtiva carrying four fake €50 bills and €140 in genuine cash
• Policía Nacional launched the probe in March after merchants in Xàtiva reported suspicious €50 notes and linked similar incidents in Canals and L’Alcúdia de Crespins
• A voluntary home search uncovered evidence tying the suspect to six separate counterfeit-distribution incidents
• Official records show he previously served time for a 2015 conviction in Valencia after being caught with 20 forged €50 notes
• Banco de España analysis indicates the seized bills exhibit a high level of forgery sophistication that hampers visual detection in fast transactions