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.
You may also be interested in:
- Paphos Joins European Religious Tourism Program
- Three Men Sentenced to Life for the Murder of a Notorious Crime Boss in Cyprus
- Cyprus Airports to Handle Approximately 12 Million Passengers in 2024
- Cyprus Health Ministry Issues Statement After First Confirmed Monkeypox Case
- Over 70 Tons of Batteries Collected for Recycling in Cyprus in 2024