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online investment fraud embezzlement

Understanding Online Investment Fraud

A 68yearold man in Limassol fell victim to an elaborate online investment scam that swindled him out of over 180,000 euros, highlighting the growing sophistication of internet fraud. After being lured by promises of secure profits, he unwittingly granted a fraudster remote access to his computer, leading to unauthorized transactions and financial loss, prompting police investigations and public warnings about the dangers of online investments.

fraud embezzlement

In-Depth Look at Limassol’s Real Estate Fraud Case

A 52yearold woman in Limassol was arrested for defrauding individuals of over 430,000 euros by posing as a real estate agent and deceiving them into investing in land sales and paying for nonexistent apartment rentals. The investigation is ongoing to uncover the full extent of the fraud and authorities are urging the public to remain vigilant and report any suspicious activities.

legal scandal embezzlement

Legal Scandal in Nicosia: Millions Embezzled by Prominent Lawyer

A prominent lawyer in Nicosia is accused of embezzling millions from clients through a deceptive scheme resembling a pyramidscheme. The victims, from various backgrounds, were promised high returns on nonexistent property investments. The lawyer, along with accomplices, is under police investigation for these fraudulent activities.

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