Crime & Safety · Limassol
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Generated by AI from the 8 sources below · always verify with the originals
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AI-synthesised from 8 sources · no editorial bias
A 60-year-old woman in Limassol, Cyprus, has reported losing €135,000 in a cryptocurrency investment scam. The incident, which is now under investigation by the Limassol Economic Crime Unit, began when the woman received an email in June promoting investments with promises of high returns. Following the initial contact, she was persuaded to provide access to her computer by an individual posing as a representative of an investment firm.
Believing she was making a legitimate investment, the woman transferred substantial amounts of her savings to various foreign bank accounts. The case highlights ongoing concerns about online scams and the risks associated with cryptocurrency investments, prompting local authorities to issue warnings to the public about such fraudulent schemes. The investigation seeks to identify the perpetrators behind the scam as part of a broader effort to combat financial fraud in the region.
16 July
A total of €26,429 was stolen from a 48-year-old woman's account in Paphos.
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