Counterfeiters get 38k fines

Two people involved in a 10m counterfeit scam with a fictitious printing company have been ordered to pay back over 38,000 each.

A joint operation between the National Crime Squad, the National Criminal Intelligence Service and the US Secret Service resulted in a raid on the premises of Woodward Graphics at Dean Street in Ashton-under-Lyne on 13 December 2002.

At a financial hearing at Manchester's Minshull Street Crown Court, Anatasios Arnaouti, 37, of Atherton Close, Failsworth, Manchester, and David Harper, 37, of Denman Drive, Tuebrook, Liverpool, were each given confiscation orders of over 38,000 each.

They were part of a seven-strong operation that had printed over 10m worth of 10 and $100 notes over two years.