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1. Man loses €17,000 after falling for fake fine payment link

A 55-year-old man in Paphos is the latest victim of an online scam that cost him a staggering €17,000 after he clicked on what appeared to be a routine government fine notification....

2. From I do to I declare: Weddings now come with a bank form

Weddings in Cyprus come with dancing, food, and the all-important envelope. But now, it seems those envelopes might need more paperwork than your actual marriage license....

3. Scammers send fake Tax Department emails in refund scheme

Scammers are sending fraudulent emails claiming to be from the Cyprus Tax Department in an attempt to steal personal and banking information, officials warned....

4. Ex-U.S. Ambassador to Cyprus, John Koenig: ''I was right about Anastasiades''

It’s not every day that a former U.S. ambassador publicly unloads on a head of state, but John Koenig, who served as the U.S. Ambassador to Cyprus from 2012 to 2015, has done just that....

5. Pensioner scammed out of €142K in online investment trap

A 77-year-old man in Cyprus has been left devastated after falling victim to a sophisticated online scam that cost him a staggering €142,000, police said on Friday....

6. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

7. Police warn of scam texts demanding payment for traffic fines

Cyprus police are sounding the alarm over a wave of scam messages being sent via social media and mobile phones, claiming recipients must pay fines for alleged traffic violations....

8. Trump unveils $5M ‘Trump Card’ for citizenship. Is it right out of the Cyprus playbook?

In classic Trump fashion, the president made headlines yet again—this time mid-air aboard Air Force One—by unveiling a new “Trump Card” aimed at wealthy foreign investors....

9. Cryptocurrency scam - €430,000 stolen from Limassol resident

The Cyprus Police are informing the public about incidents of fraud related to cryptocurrency investments and are urging citizens to be particularly careful....

10. Investor scammed out of $58,000 in cryptocurrency fraud

The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....

11. Occupied territories grant new 'citizenships' in 2024

The "government" announced today that an additional 133 individuals were granted "citizenship," bringing the total number of citizens to 4,431 for the period from January 1 to December 28, 2024....

12. Stella Michaelidou, AIDS NGO president, arrested in alleged €122K fraud case

Police have arrested Stella Michaelidou, the 66-year-old president of the Support Centre for People Living with HIV/AIDS (K.Y.F.A.A.), amid serious financial fraud charges....

13. Money transfers in 10 seconds coming to Cyprus

Starting on January 9, 2025, Cyprus will join the rest of the SEPA zone (33 countries) in offering instant bank transfers, revolutionizing how payments are made....

14. Cyprus Parliament approves limit on large cash transactions

Cyprus lawmakers have taken a significant step in tackling money laundering and illegal activities by approving a proposal to limit large cash transactions....

15. Vietnamese tycoon can avoid death penalty by repaying $9 billion

Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....

16. 26-year-old man scammed out of $110,000 in cryptocurrency fraud

A 26-year-old man in Limassol has fallen victim to a cryptocurrency scam, losing over $110,000 in an alleged online investment fraud, according to a complaint filed with the police earlier today....

17. Online Scams: Technology is evolving, let's stay one step ahead

The Bank of Cyprus urges its customers and the public, in general, to be extra vigilant as fraudsters increasingly use advanced technology and AI to create highly convincing fraud scams with the ultimate purpose of deceiving the public....

18. Cyprus watches closely as U.S. election stays too close to call

Cyprus has been on edge overnight, closely watching the unfolding U.S. presidential election. As vote counts continue in critical states, the race remains too close to call....

19. 76-year-old scammed out of €145,000 by fake UN major

A 76-year-old woman has fallen victim to an online scam that drained €145,000 from her bank accounts, prompting a police investigation into the incident. ...

20. Politico: Giuliani ordered to hand over property to pay defamation suit

Former New York City mayor Rudy Giuliani has been ordered by a federal judge to hand over a significant portion of his property, including his luxury Upper East Side apartment, to two Georgia election workers who won a $148 million defamation case against him....

21. Spike in suspicious transactions as Cyprus freezes over €25 million in illicit assets

Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....

22. Scam warning: Don’t fall for fake delivery fees from 'Cyprus Post'

The Cyprus Police are urging the public to exercise caution following reports of a new scam involving fraudulent emails related to package deliveries....

23. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

24. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

25. FT: China slaps PwC with $62 Million fine and six-month ban

Chinese authorities have hit PwC China with a hefty fine of $62 million and a six-month ban following a major scandal involving the collapsed property developer Evergrande, according to the Financial Times. ...

26. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

27. Paphos man loses €200,000 in online fraud scheme

Police are investigating a new online fraud case involving a large sum of money after a 67-year-old man reported being swindled out of €200,000. The complaint was filed today at the Paphos Police Station, according to Cyprus Police....

28. Fake contests and phishing scams surge, warns Cyprus Consumers Association

The Cyprus Consumers Association (CSC) has issued a warning about a surge in consumer fraud, where cunning individuals employ various tricks to extort money from unsuspecting victims. ...

29. Limassol resident loses €30,000 in cryptocurrency scam

A 54-year-old resident of Limassol reported to the police yesterday that he was scammed out of €30,000 by an online scammer posing as a cryptocurrency investment advisor....

30. Limassol man duped out of €30,000 in cryptocurrency scam