Woman arrested for duping victims of over €430,000

In a shocking turn of events, a 52-year-old woman has been apprehended by Limassol Police for allegedly orchestrating a fraudulent real estate scheme.

The suspect, posing as a real estate agent, targeted victims in Limassol, extracting large sums of money for land purchases, sales, and apartment rentals.

According to police investigations, the 52-year-old managed to deceive an 81-year-old man between March 2022 and December 2023, extracting a staggering €416,500 by convincing him to invest in the purchase and sale of two plots of land.

Another victim, a 54-year-old, reported the suspect extracted €1,500 for renting an apartment but faced delays and eventually received only €500 back.

The suspect faces multiple charges, with victims ranging from an 81-year-old man to individuals aged 31 and 54. The Limassol District Court has approved a seven-day detention order for further investigation into these disturbing cases of fraud and extortion.

Stay vigilant against real estate scams, and heed the cautionary tale of those who fell victim to this elaborate scheme.