https://knews.kathimerini.com.cy/en/news/paphos-mayor-sounds-alarm-over-suspected-€30m-gesy-fraud
The mayor of Paphos, Phedonas Phedonos, has raised serious concerns about the possible misuse of public funds related to the medical procedure known as neurolysis....
https://knews.kathimerini.com.cy/en/news/court-hands-down-stiff-sentences-in-major-extortion-and-embezzlement-case
In a significant move against financial crime, the Criminal Court in Larnaca has handed down tough sentences to two men involved in an elaborate scheme of extortion, embezzlement, and money laundering. ...
https://knews.kathimerini.com.cy/en/news/church-and-nightclub-owners-under-investigation-for-embezzlement-and-money-laundering
A significant investigation has been launched into allegations of embezzlement and money laundering involving two high-ranking officials from the Catholic Church of Greece and five nightclub owners in the Peloponnese region. ...
https://knews.kathimerini.com.cy/en/news/avakoum-abbot-faces-probe-over-€1-3-million-in-undeclared-funds
Police Spokesman Christos Andreou announced that more arrests are possible and the Greek authorities may be called in to assist with investigations related to properties, ...
https://knews.kathimerini.com.cy/en/news/archimandrite-nektarios-arrested-in-avvakoum-monastery-probe
Police arrested 37-year-old Archimandrite Nektarios on Tuesday in connection with a financial scandal at the Holy Monastery of Saint Avvakoum in Fterikoudi....
https://knews.kathimerini.com.cy/en/news/swedish-media-exposes-sizopoulos-s-tie-to-golden-passports-scheme
In a joint investigation, Göteborgs-Posten and OCCRP shed light on EPP President Marinos Sizopoulos's connection to the 'golden passports' scandal....
https://knews.kathimerini.com.cy/en/news/fake-rental-contract-lands-woman-in-custody
The Police in Limassol are investigating a case of fraud and embezzlement involving false representations and money transfers. They have arrested a suspect in connection with the case....
https://knews.kathimerini.com.cy/en/news/policeman-sentenced-to-prison-for-embezzlement
A police officer was sentenced to four months imprisonment for a case of embezzlement through false representations, but he considered his sentence excessive and appealed before the Supreme Court....
https://knews.kathimerini.com.cy/en/news/defendants-acquitted-in-first-golden-passports-trial
Nine defendants—5 people and 4 legal entities—were cleared and released from the 36 charges they were facing in the case involving the exceptional naturalization of foreign applicants by the Larnaca-Famagusta Permanent Criminal Court, which convened today, Friday, November 4. This decision was based on the Kalogeros ruling....
https://knews.kathimerini.com.cy/en/news/cyprus-to-investigate-billionaire-s-missing-millions
A lawyer for a Jewish billionaire says he is confident Cypriot authorities will investigate a complaint into whether a former Israeli army officer embezzled his client’s money on the island...
https://knews.kathimerini.com.cy/en/news/cyprus-refuses-to-extradite-russian-woman
The Supreme Court in the Republic of Cyprus has refused to extradite a Russian woman citing her health condition, saying Moscow failed to convince local authorities that the individual would not face mistreatment if she would be extradited...
https://knews.kathimerini.com.cy/en/news/passport-revocation-inquiries-move-forward
Cypriot authorities have identified seven individuals or foreign investors who could potentially be stripped of their Cypriot citizenship, after an internal probe pointed to forged documents or misleading information during the golden passport application process...
https://knews.kathimerini.com.cy/en/news/woman-in-white-collar-scheme-not-talking
Police investigators are fishing out more details in a while collar crime in Limassol, where a woman accused of embezzling over €1 million was said not to be cooperating with police...
https://knews.kathimerini.com.cy/en/news/attorney-general-weighs-in-on-casino-probe
The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...
https://knews.kathimerini.com.cy/en/business/new-life-in-cyprus-of-russian-businessman-after-unfair-seizure-of-promsvyazbank
In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...
https://knews.kathimerini.com.cy/en/news/woman-gets-seven-years-in-white-collar-crime
A former employee at a credit union in eastern Nicosia has been sentenced to seven years in prison for financial crimes worth over half a million...
https://knews.kathimerini.com.cy/en/news/cyprus-makes-headway-in-$92-million-fraud-case
MOKAS officers are making headway in an embezzlement case to the tune of $92 million involving a Cypriot company, after one of five suspects was taken into custody...
https://knews.kathimerini.com.cy/en/news/limassol-clerk-arrested-on-embezzlement-charges
A clerk at the Limassol District Administration office, who is being accused of pocketing money without issuing receipts, is expected to appear in court Wednesday for her remand hearing...
https://knews.kathimerini.com.cy/en/news/female-duo-allegedly-robbed-community-fund
Two women have been arrested in Limassol after €120,000 went missing at a local community over the course of five years...
https://knews.kathimerini.com.cy/en/news/limassol-woman-arrested-for-cooking-the-books
A woman in Limassol has been arrested on embezzlement charges in connection with document fraud and money theft from a company...
https://knews.kathimerini.com.cy/en/news/account-manager-gets-8-years-for-stealing-€2-million
An accounts manager in Nicosia has been sentenced to eight years after she was found guilty of embezzlement and money laundering to the tune of €2 million...
