“The bills are very well-done. I’d probably believe they were real myself. I’d guess this is the largest seizure of false currency ever in Sweden,” Michael Schönhoff of the Stockholm police told the TT news agency.
The fake bills were printed in Lebanon and were then transported to Sweden in plastic bags by one of those charged in connection with the operation.
Police engaged in an intensive surveillance operation in early 2009 to gather evidence against the men. In addition to confiscating the fake currency, police also discovered a large number of dyed Swedish bills, most likely taken in a bank robbery.
All of those charged in the case live in the Stockholm area.
Seven face up to four years in prison for gross unauthorized possession of false currency.
The indictment also contains a number of additional charges.