A 31-year-old man is facing jail after police found more than £1million in counterfeit notes stashed in suitcases in his flat.
During their search, they found a bag with hundreds of what appeared to be £50 and 200 euro notes stuffed in large cases.
Officers shared the notes with the Bank of England, who examined them and confirmed they were phoney.
Detectives from the Met’s Specialist Crime Command raided Emil Bogdan Savastru’s home in Bow, east London, in January last year
During their search, they found a bag with hundreds of what appeared to be £50 and 200 euro notes stuffed in large cases
Officers shared the notes with the Bank of England, who examined them and confirmed they were phoney
Later the same day, Savastru was arrested at London Heathrow Airport while waiting to board a flight to Japan after documents he left at the scene linked him to the crime.
When questioned, he refused to explain how the notes were in his possession, where he had got them from, or what he was planning to do with them.
A jury at Isleworth Crown Court this week found Savastru guilty of one count of having custody or control of a counterfeit note.
Detective Constable Andrew Payne, who led the investigation, said: ‘Our proactive operation means we have been able to take a significant quantity of counterfeit notes out of circulation.
‘Without a doubt, these notes would have been used to commit further crimes across the UK.
‘This successful prosecution relied heavily on the close working between the Met and the Bank of England, leaving little doubt that Savastru was guilty of these offences.
‘Counterfeit currency in the UK harms the economy and has a real, significant impact on businesses who take possession of it unknowingly. As this prosecution shows, we will take action against anyone engaged in this type of criminality.’
Savastru will be sentenced at the same court on February 10.
Source: Daily Mail UK