Cyprus Man Scammed Out of Over 33,000 Euros in Cryptocurrency Fraud
A 57-year-old man in Cyprus has fallen victim to a cryptocurrency scam, losing more than 33,000 euros to online fraudsters.
The man reported the incident to the Cyber Crime Division, stating that in July last year, he discovered a website advertising cryptocurrency investment programs that promised high returns.
Believing the site's claims, he registered and followed the instructions of a so-called "manager," ultimately investing about 33,496 euros (37,274 USD) in cryptocurrency.
It wasn't until later that he realized the website was fake and that he had been defrauded.
The Cyber Crime Division is currently investigating the scam.
Following this incident, the police are urging the public to exercise caution when making any online transactions or investments.
Author
Born in 1984 in Russia, in the city of Yekaterinburg (Sverdlovsk region). Since 2023, he has been living in Northern Cyprus. Education: Ural State University (UrGU, now UrFU), Faculty of Journalism. Specialization – journalist (2007). Professional experience: From 2003 to 2023, he worked in…
You may also be interested in:
- Cyprus Casinos Exempted from €10,000 Cash Transaction Limit
- Mosquito Control Team Deployed in Paphos
- Illegal Bird Trapping on British Bases in Cyprus Significantly Reduced
- Cyprus Parliament Approves Voluntary Military Service for Women
- Bus Drivers in Limassol Attacked with Firecrackers: Three Incidents in Two Days
