18-year-old remanded over suspected counterfeit €50 notes in Famagusta
Police seized 23 €50 banknotes bearing the same serial number after arresting an 18-year-old suspect in Famagusta district.
Paralimni, Cyprus. An 18-year-old man was arrested on suspicion of possessing and circulating counterfeit banknotes, police said on Tuesday. A court issued a three-day remand order as investigations continue.
Police investigation
Officers in Famagusta district acted on a tip-off concerning two €50 notes bearing the same serial number. The notes were retrieved from an employee of a local business.
Police later identified the 18-year-old suspect and found two additional €50 notes with the same serial number in his possession.
Banknotes seized
A search of the suspect’s hotel room uncovered a further 19 €50 notes bearing the same serial number.
All 23 banknotes were seized as evidence.
Court proceedings
The suspect appeared before Famagusta district court in Paralimni later on Tuesday, which ordered his remand for three days. Police investigations are ongoing.
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