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Cyprus

Four people in two months caught entering north with bags of money totalling over 4m euros

In the last two months, four people have been arrested entering the north of the island with suitcases and bags of money totalling over 4 million euros, it was reported on Monday.

According to a report in Turkish Cypriot newspaper Yeni Duzen, on August 8 a father and son were arrested for carrying 150,000 euros, something they had done, it was discovered later. they had done on ten occasions.

On August 6 another man was arrested with 800,000 euros in his possession. It was discovered that he had brought in a total of 1.9 million.

With half a million euros in his suitcase, a third man was arrested Tymbou (Ercan) airport on July 19, and on June 28 a person from Istanbul arrived in the north with 950,000 euros. On July 16, half a million euros were  found in the shoulder bag of another air passenger.

Yeni Duzen said those who were caught, claimed to be bringing in money for investment but could not prove or justify what that investment would be.

The money is handed over to the ‘revenue and tax department’.

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