Police make country's biggest counterfeit bust

Police seized fake bank notes with a total face value of more than 214 million yuan ($33.2 million) after cracking the biggest counterfeiting case in the nation's modern history late last year, a senior police official said.

Lin Weixiong, deputy director general of the Guangdong Provincial Department of Public Security, said 14 suspects thought to belong to a criminal gang were detained while a large number of semifinished fake bills and printing equipment were seized after a production site and warehouse were raided.

"The case is regarded by the Ministry of Public Security as the country's largest counterfeiting case since the founding of New China in 1949," Lin said at a news conference on Tuesday in Guangzhou, the provincial capital.