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Two Arrested in Valencia Over €70,000 in Counterfeit Currency and Fraud Scheme

Police in Burjassot disrupted a 'wash-wash' scam during a traffic stop, uncovering fake euros, chemicals, and tools linked to high-value fraud targeting affluent victims.

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Los dos arrestados, de 38 y 42 años, ocultaban en su coche, un Lamborghini valorado en casi 400.000 euros, más de 60.000 euros en billetes falsos y casi 7.000 en dinero legal

Overview

  • Two Cameroonian suspects, aged 38 and 42, were arrested on May 1 at a traffic checkpoint in Burjassot for alleged currency falsification and attempted fraud.
  • Authorities seized €70,000 in counterfeit euros, €7,790 in genuine cash, and materials used in the 'wash-wash' scam, including chemicals and UV lights.
  • The suspects were traveling in a luxury Lamborghini Urus, valued at €400,000, which was immobilized due to lack of mandatory insurance.
  • The 'wash-wash' scam involves convincing victims that chemicals can transform blank or blackened paper into real currency, often resulting in losses exceeding €60,000.
  • The Policía Nacional has launched a broader investigation into potential connections to similar scams across Spain and other regions.