This marks a huge surge from 342 fake Indian currency notes seized by Swiss authorities during 2015 five were counterfeits of INR 500 notes, 336 for INR 1,000 and one for INR 100. Over the years, counterfeits have been found in Switzerland mostly for INR 500 and INR 1,000 notes, while there have been some instances for other denominations such as INR 10 and INR 100 notes as well.
An analysis of the counterfeit statistics released by the Fedpol over the years shows that the maximum number of FICN was seized during the year 2012 when it stood at 2,624, but fell sharply to 403 in the subsequent year 2013 and even further to just 181 in 2014. Earlier in 2011, the number of fake rupee notes was 1,144 up from 212 in 2010. Prior to that, the number were in single digits mostly except for 25 in 2007 and 100 in the year 2000. No such notes were found in the year 1999 and again in 2003. Read less...