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61. 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....

62. FT: ICC issues arrest warrants for Netanyahu and Gallant

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former defense minister Yoav Gallant, accusing them of crimes against humanity and war crimes related to the war in Gaza....

63. Cyprus reunification 'off the table', says former U.S. Ambassador, warns Europe not to rely on U.S.

A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines. ...

64. Cyprus police enhance financial crime fighting with FBI training

Cyprus police are receiving specialized training to tackle financial crimes, including money laundering and sanctions evasion, with significant assistance from the U.S. Federal Bureau of Investigation (FBI)....

65. Greek woman swindled out of €600,000 in cryptocurrency scam on Chios

Police on the Greek island of Chios are investigating an elaborate online scam in which a woman was defrauded of 608,955 euros ($648,000) by two foreign nationals posing as investment company representatives....

66. 19 attacks on foreign delivery workers spark crackdown on racist violence

Attacks against foreign food delivery workers in Cyprus have surged recently, with eleven incidents reported in Limassol during October 2024 alone, according to Kathimerini's Christos Bouris....

67. Cyprus shifts westward with historic White House meeting

President Nicos Christodoulides recently met with U.S. President Joe Biden in a historic visit to the White House, marking a new chapter in Cyprus’ foreign policy as it turns toward the West, according to a report by Yiannis Ioannou in this Sunday's Kathimerini....

68. 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. ...

69. Ex-Transport Minister and associates headed for trial

Former Transport Minister Marios Demetriades and nine other individuals, including his relatives and two companies, are set for trial in Cyprus’ top court on charges linked to the controversial Cyprus Investment Programme (CIP)....

70. Cyprus to launch 'National Sanctions Unit'

Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....

71. 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. ...

72. Cypriot citizens linked to $75 million money laundering probe in the French Riviera

French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...

73. 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....

74. French Court clears Cyprus in $1.4 billion FBME Bank case

France’s highest court has brought an end to the $1.4 billion legal battle over the resolution of FBME Bank, ruling that the Central Bank of Cyprus (CBC) acted prudently and did not breach any obligations under a bilateral investment treaty between Cyprus and Lebanon....

75. 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....

76. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...

77. Killer ''Hairdresser'' escapes in bold plan, police officers suspended

Police are in a state of high alert after convicted murderer Doros Theofanous, infamously known as "The Hairdresser," escaped from custody on Thursday, September 26. ...

78. Sweden to pay migrants up to $34,000 to return home

Sweden is making significant changes to its migrant policies, marking a ''paradigm shift'' aimed at reversing decades of leniency. ...

79. IRS experts aid Cyprus in combating money laundering

In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....

80. US financial experts visit Cyprus to tackle money laundering

A delegation of financial experts from the U.S. Department of the Treasury’s Internal Revenue Service Criminal Investigation (IRS-CI) will visit Cyprus from September 15 to September 19, 2024, for high-level discussions on money laundering and financial crime....

81. Greek police disrupt €26 million VAT fraud scheme

The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....

82. Cypriot bank officials to present AML progress in U.S.

Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...

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

84. EU Prosecutor probes Vasilikos LNG project for fraud

The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption. ...

85. Retired Cypriot police officer wanted in Metamax pyramid scheme

Authorities in Cyprus are actively seeking a 63-year-old Greek Cypriot resident of Limassol in connection with the Metamax pyramid scheme fraud, according to information obtained by our website. A warrant for his arrest has been issued....

86. Domestic violence cases on the rise in Cyprus

Reports of domestic violence in Cyprus have seen a significant rise, with incidents reaching alarming numbers, Justice and Public Order Minister Marios Hartsiotis told a parliamentary committee on Monday....

87. Boeing to plead guilty and pay $243.6M fine in 737 MAX settlement

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a U.S. Justice Department probe into its involvement in two fatal crashes of the 737 MAX aircraft that resulted in the deaths of 346 people in Indonesia and Ethiopia between 2018 and 2019....

88. Delving into the mind of an arsonist

Amid a summer plagued by arson-induced wildfires, authorities in Cyprus are grappling with understanding the motives behind these destructive acts and how to prevent them. ...

89. Suspect admits to murder in Ormideia

A 45-year-old Greek Cypriot man has been detained for eight days in connection with the murder of Charalambos Konstantinidis, 52, from Paralimni...

90. 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....