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Limassol police are investigating a serious fraud case after a 70-year-old man reported that he was tricked into handing over €58,400 for the supposed purchase of a home in the Limassol district, a property that, as it turns out, belongs to someone else entirely.
According to the complaint filed with Limassol’s Criminal Investigation Department (TAE), the alleged scam unfolded over a long stretch of time, from June 2023 until January 24, 2026. During that period, the victim says he gradually gave the money to a 50-year-old man who claimed he would handle the purchase and transfer of the property.
That transfer never happened.
Police investigations later revealed that the house in question was not only never transferred; it was never for sale to begin with. The property is registered to another owner, raising serious questions about how the deal was presented and why the payments continued for more than two years.
As the case developed, a court-issued arrest warrant was secured against the 50-year-old suspect. He was located and arrested on Tuesday in Nicosia by police officers and brought before the Limassol District Court on Wednesday morning. The court approved a five-day detention order to allow investigators time to examine financial records, statements, and the circumstances surrounding the alleged deception.
Authorities are treating the case as one involving false representations, a charge that carries heavy legal consequences if substantiated. The Limassol CID continues its investigation, with police expected to probe whether similar cases may exist.
