A Nigerian man, Opeyemi Odukoya has been charged with defrauding four banks of US$ 491,000.
Police have already determined that using a fake passport in the name of George Kinsley, numerous money transfers were made.
In fact 167 account transfers were made through Turk Ekonomi Bankasi, ING Bank, TC Ziraat bank and Kibris Vakiflar Bankasi.
Mr Odukoya was ordered to be released on bail yesterday while police liaise with other banks to see the full extent of his frauds.
