Around 12,000 consoles on which more than 47 million pirated video games were illegally stored were seized, for an estimated value of more than €47.5 million (US$52.5 million),” Alessandro Langella, head of the economic crime unit for Turin’s financial police,

A police action results in a seizure of thousands of fake retro consoles and millions of pirated games with an estimated combined worth of over $50m.

Italy's Guardia di Finanza (GdF) law enforcement agency recently announced the results of its "Coin-Up 80" investigation. The Turin division of the GdF successfully dismantled a

Italian police announced on Friday that they had seized counterfeit retro gaming consoles and video games worth nearly €50 million ($55.5 million).

Nine people have been arrested in Italy for their connection to a trafficking ring dealing in fake retro video game consoles, in an operation that seized more than $50 million in counterfeit goods. Italy’s Guardia di Finanza — a militarized police force that deals with economic and financial crimes — announced Friday that it had arrested the Italian nationals and confiscated their collection of fake video game goods.

Italian police have busted up a retro game trafficking ring worth an estimated $52.5 million USD, and now nine pirates are facing up to eight years in prison. "Around 12,000 consoles on which more than 47 million pirated video games were illegally stored were seized,

Italian Police have shut down a counterfeit retro game trafficking ring in Turin. The seized assets are valued at $55 million. Nine Italian nationals are facing prison if found guilty. A fake retro game trafficking ring has been broken up by authorities in Turin,