Cyprus Man Detained on Money Laundering Charges
Last week, Police apprehended a 40-year-old Cypriot man in connection with the unlawful possession of property and money laundering after over €150,000 in cash was located in his Limassol apartment.
The suspect, who is known to the police for fraud and forgery cases, did not provide satisfactory explanation as to where that money had come from. In his possession was also a safe with a padlock, to which he claimed was his friends and did not have they key. This is not the only current investigation open on the man regarding money laundering charges.