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18-year-old arrested over alleged counterfeit €50 notes in Famagusta

Police seized 23 €50 notes bearing the same serial number and arrested an 18-year-old in the Famagusta district.

18-year-old arrested over alleged counterfeit €50 notes in Famagusta
Photo: illustrative photo · Cyprus Inform

Paralimni, Cyprus. An 18-year-old man was arrested over the alleged possession and circulation of counterfeit banknotes, police said on Tuesday. He was due to appear before Famagusta district court later in the day.


Police investigation

Officers in the Famagusta district acted on a tip-off concerning two €50 notes carrying the same serial number. The notes were recovered from an employee of a local business.

Police later identified the 18-year-old suspect and found him in possession of two further €50 notes with the same serial number.

Notes seized

A search of the suspect’s hotel room led to the discovery of another 19 notes bearing the same serial number. All 23 notes were seized as evidence.

Police said their investigation is continuing.

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