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A 48-year-old woman has reported losing more than €65,200 after falling victim to an online investment scam, authorities said Thursday.
According to the Limassol Investment and Development Authority, the woman made the investments through a website she found online between June 7 and 27, 2025. At first, she believed she was participating in legitimate investments and expected profits to accumulate.
The alarm bells rang when she attempted to withdraw her earnings. Police say she was asked to pay additional fees before her funds could be released, a common tactic used in online scams, and realized she had been defrauded.
The Limassol Financial Crime Investigation Office is now handling the case, working to trace the fraudulent operation and prevent further losses.
Authorities are urging the public to exercise caution when dealing with online investment offers. “Always verify the credibility of any platform before making transactions, and be wary of promises that seem too good to be true,” a police spokesperson said.
With online investment scams on the rise, officials warn that quick profits often come with hidden risks, and even experienced investors can be targeted.
