Limassol Traffic Police Department investigates a new cyber fraud case where a company reported losing €1.2 million. The 35-year-old owner, whose firm is registered abroad but maintains an office in Limassol, filed the complaint on Monday.
Fraudulent transfers discovered
The company had agreed with an investment firm and sent two transfers in November and December 2025: €900,000 and €300,000. These went to an account indicated via emails.
Company checks revealed its email had been compromised, receiving fake messages that directed funds to a wrong account instead of the legitimate investment firm’s.
Economic crime unit probe
The Economic Crime Investigation Office of Limassol Police Department handles the case.
Also read: Director loses $9,745 in fake bank-details fraud
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