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Oncopeltus fasciatus
Lygaeus equestris, common name Black-and-Red-bug, is a species of ground bugs belonging to the family Lygaeidae, subfamily Lygaeinae These bugs can reach about 11 to 12 millimeters of length. They have a characteristic red-black pattern, fully developed wings and long, powerful legs. The hemelytra have two transverse bands that reach the margin and a round white spot on the membrane. Scutellum is without bristles but with tiny hairs. The black band close to the eye is wider than the same.
It is mainly present in Albania, Austria, Belgium, Bosnia, Bulgaria, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Italy, Macedonia, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Switzerland, and former Yugoslavia.
This is not Milkweed bug but a type of False Milkweed bug... a mimic look...
Milkweed bug look like as seen on following link...
http://en.wikipedia.org/wiki/Large_milkw...