Paphos: 40yo loses 28,958€ in crypto scam

Date:

Scam details

Last November, the victim connected via telecom platform with an unknown person who convinced him to invest in crypto. He bought cryptocurrencies and sent them to a specified electronic wallet.

Realising the scam, when requesting withdrawal of funds and alleged profits, scammers demanded additional 20,000€ deposit.

Victim lost 34,010 USD, equivalent to 28,958€.

Police advice

Police urge caution with online transactions and investments. Deal only with recognised companies and approved advisors for financial investments.

Protect bank details, cards, online passwords, emails, personal data; never share with anyone.


Also read: Global online scam ring with call centres in Cyprus

Subscribe to our Youtube channel for the latest updates.

Share post:

Popular

More like this
Related

Migrant smuggler appeal ends with four-year prison sentence

A Syrian migrant smuggler who appealed in an effort to reduce...

Yellow weather warning for storms and hail

A yellow weather warning for thunderstorms, hail and strong winds has...

Soldiers’ financial support: Defence Minister warns of exaggeration

Cyprus’ Defence Minister has acknowledged that some soldiers in...

Voter registration details for 2026 parliamentary elections

The Ministry of Interior has announced that the final deadline for submitting applications...