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Plan to distribute $24 million in fakes busted

22 December 2012

Following our report that Turkish Cypriot Turan Kurisi had been arrested in possession of 352 fake US 100 dollar bills and that two accomplices, both Greek Cypriots had also been arrested as they attempted to enter North Cyprus through the Metehan crossing, the three suspects were in court again yesterday and were detained for a further five days.

During the proceedings, the police testified that they now have phone records showing one of the Greek Cypriots, Lois Loizou talking to Kurisi about supplying $24 million in counterfeit notes.

The police also testified that further counterfeit notes were found in Famagusta and that 10 people had been held for questioning and a  further 2 were being sought.

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