Cryptic crossword clue
Paper transformed by spies into fake review 12

The most common and most likely answer to this crossword clue is the 12 letter word APPRECIATION

I've seen this crossword clue in The Guardian
A
P
P
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E
C
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Buddy explains!

The straight part
We know that "review" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case review = appreciation.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does APPRECIATION mean?

APPRECIATION noun
  1. A fair valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
  2. Accurate perception; true estimation.
  3. A rise in value.

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