by JJPItalian job Fake Euro's Manchester Jewellery Scam
Posted on Tuesday, December 23, 2014
Manchester, UK. December 20th 2014.
Four smartly dressed men, who claimed to be from Italy, were arrested at the Portland Thistle Hotel in the centre of Manchester on Saturday and were found in possession of 2.5 million euro’s worth of fake euro 500 banknotes.
Manchester Police informed that the men who were driving two top range cars, an Audi A8 and an Alfa Romeo , both with German registration plates, had hired a conference suite at the nearby Piccadilly Gardens Hotel .
Around £100,000 of designer watches along with £50,000 of legitimate Euro’s were also seized.
It is speculated that the gang were part of an international organised criminal fraud, and the arrests were later referred to by Police as the ‘Italian Job’.
It is suspected that the gang were planning to lure local jewellers to the hotel suite in order to buy jewellery with a mixture of real and counterfeit cash.
Those arrested had given details of who they claimed to be but as they each had a number of ID cards in their possession at the time it was not possible to establish their nationalities.
Jeremy Plimmer has 35 years of experience in the security related print and packaging industry working originally as sales development director for manufacturers of passports, high security print and labels and more recently as a consultant. He is a graduate member of the Chartered Institute of Marketing, a Fellow of the Institute of Minerals, Materials and Mining, chairman of the West Midlands Packaging Society as well as vice chairman of the East Midlands Packaging Society.Read More
The Product & Image Security Foundation is a non-profit making trade association which was originally formed under the name of Label & Tag Security International (LTSI) in the early 1990's.
Today it operates with more than 100 members in 27 countries and is the premier international forum for manufacturers, suppliers and users of labels, tags, packaging, identification systems, materials and systems for any form of product security, brand image protection or product traceability applications and technology.