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Cyprus: Man Loses €434K in Cryptocurrency Scam; Police Warn of Rising Online Fraud – Famagusta Gazette

FAMAGUSTA GAZETTE — Police are investigating a new case of online fraud involving €434,000, following a complaint filed by a 53-year-old man with the Cybercrime Division. According to the report, the man was deceived between April 2024 and January 2025 by an unknown individual who persuaded him—via online communication—to invest in cryptocurrency. He transferred a total of $508,893 (approximately €434,890) to various bank accounts and digital wa…
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A criminal case has been opened against a 46-year-old Greek national. A case of fraud committed against a 46-year-old Greek national was investigated by police officers of the Eordaia Crime Investigation and Prosecution Department. Specifically, the above-mentioned person complained that in May of this year he was deceived, as after finding an advertisement for the sale of cryptocurrencies on a social networking site, he contacted an unknown per…

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famagusta-gazette.com broke the news in on Wednesday, July 23, 2025.
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