Five people have been arrested as part of a major joint investigation into the supply and importation of counterfeit pound coins worth around £1.2 million.
On the morning of Tuesday, January 27, around 90 officers from the National Crime Agency executed warrants at six locations in the Sussex area.
They arrested four men and a woman at five different addresses on suspicion of importation, money laundering and offences under the Forgery Act. Searches were also carried out at a business premises in the Burgess Hill area.
Reports say a group of men and a woman from Hurstpierpoint, Burgess Hill and Brighton were arrested.
Accompanying NCA investigators were officers from the Dutch fraud investigation service FIOD and an expert from the Royal Mint.
A number of items have been seized and the investigation continues.
National Crime Agency senior investigating officer Steve McIntyre said:
“These arrests and searches were the latest phase of an ongoing international investigation looking into the supply of fake currency from the Netherlands to the UK.
“This investigation follows the closure of a Dutch mint suspected of manufacturing counterfeit coins in November 2013.
“This element of the inquiry is focused on the alleged importation and laundering of coins worth around £1.2 million and we will continue to work closely with our colleagues in the Netherlands and the Royal Mint.”
The five arrested have now been bailed pending further enquiries until July 2015.