500 Euro Note Abandoned

“British bank wholesalers have withdrawn 500 euro notes from sale because they are fuelling organised crime.The decision to end trading was made after police found 9 out of every 10 of the notes in circulation are linked to crime, tax evasion and terrorism. It closed an annual 500 million euro (£424 million) trade in the distinctive largest denomination euro note among businesses across the country.” - Telegraph

“British bank wholesalers have withdrawn 500 euro notes from sale because they are fuelling organised crime.The decision to end trading was made after police found 9 out of every 10 of the notes in circulation are linked to crime, tax evasion and terrorism. It closed an annual 500 million euro (£424 million) trade in the distinctive largest denomination euro note among businesses across the country.” – Telegraph

(via Beats and Buds)

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