Bulgaria, US seize millions of counterfeit dollars, euros

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In this photo provided by Bulgaria's Interior Ministry on Tuesday, March 16, 2021, a policemen takes a photo of counterfeit money at a printing office in a university in Sofia. Bulgarian authorities say they have seized high-quality forged banknotes produced at a printing office in a university in the Bulgarian capital. In a joint operation with U.S. Secret Service, Bulgarian police detained two people and seized a printing machine and equipment for printing money, along with large amounts of counterfeit U.S. dollar and euro notes. (Bulgarian Interior Ministry via AP)

SOFIA ā€“ Police seized high-quality forged banknotes produced at a printing office at a university in Bulgaria's capital, authorities said Tuesday.

In a joint operation with the U.S. Secret Service, Bulgarian police detained two people and seized a printing machine and equipment for printing money, along with large amounts of counterfeit U.S. dollar and euro notes.

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ā€œThe value of the seized currency is impressive. The material evidence speaks of serious criminal activity,ā€ Sofia police chief Georgi Hadzhiev said Tuesday.

The amount of counterfeit money seized is $4 million and 3.6 million euros, according to the prosecutorā€™s office.

Police believe that the two suspects are part of a larger criminal enterprise, dealing in the trafficking of counterfeit dollars to Ukraine, and of euros to Western Europe.