Man arrested over 89,000 euro banknote scam in Famagusta
Police arrested a 46-year-old man on Wednesday in connection with an alleged 89,000 euro scam that took place in Famagusta district in 2022. The scheme involved a victim handing over money to have dyed banknotes supposedly restored to usable cash. Authorities are still searching for a second suspect in the case.
The victim, aged 45, was approached by a stranger who introduced him to a purported 'Prince of Gabon' interested in purchasing his off-licence for one million euros. The alleged prince claimed that difficulties in moving money out of his country had resulted in the payment being dyed white, and promised it would revert to its original form after a chemical treatment.
The investigation revealed that the victim made an initial payment on August 25, 2022, and that the suspects later vanished after allegedly traveling to Larnaca to acquire chemicals. The Famagusta Criminal Investigation Department continues to probe the incident, treating it as conspiracy to commit a felony, theft by deception, and impersonation.
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