New details are now emerging in the case of two Cyprus nationals jointly charged with 293 counts of money laundering and attempt to obtain property by deception.
Loizos Petridis and Cleanthis Petridis appeared before High Court Judge Justice Daniel Goundar and it was heard in court that they were allegedly using fraudulent mastercards to withdraw money from ATMs nationwide and these blanks cards had no inscriptions.
The two were residing at an apartment in Knolly Street and were allegedly paying off certain locals to send money to people in other countries including Bulgaria.
The total amount money allegedly fraudulently obtained in this case was $209,000 with only a certain amount remitted to Bulgaria and other countries.
The State Counsel in the case said 29 black mastercards and laptops containing information of various individuals was seized by Police.
The two arrived in Fiji from Cyprus on tourist visas and were arrested on the 19th of December last year.
They were scheduled to fly out on Christmas Day last year.
