Brothers in ATM fraud on bail in Fiji

Two Cypriot nationals charged with multiple counts of money laundering in Fiji have been released on bail, it emerged on Wednesday.

Brothers Loizos Petridis and Kleanthis Petridis, were allegedly involved in multiple suspicious ATM transactions involving 400 foreign cards on December 12 and 19.

They face a total of 293 counts of money laundering.

According to the Fiji Times, the two were released on a $5000 cash bail each and were also ordered to surrender all their travel documents.

They had arrived in Fiji on December 12 and were planning to depart on December 24.

 

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.