https://knews.kathimerini.com.cy/en/business/eu-investigates-booking-com-over-scams-and-advertising
You have picked the hotel, checked the photos, and worked out what the holiday will cost. But is the listing genuine, can you trust a message asking for payment, and is that hotel recommendation actually an advertisement?...
https://knews.kathimerini.com.cy/en/news/european-prosecutors-freeze-greek-assets-in-€115m-cyprus-linked-vat-case
European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....
https://knews.kathimerini.com.cy/en/news/funeral-home-accused-of-arranging-fake-death-certificates-for-up-to-€200
A representative of licensed funeral homes in Cyprus has alleged that some funeral businesses arrange death certificates without medical examinations, potentially allowing relatives to access assets or transfer property after a person's death....
https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal
Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....
https://knews.kathimerini.com.cy/en/news/scammers-steal-€33-424-from-81-year-old-woman-in-fake-gesy-message
An 81-year-old woman lost €33,424 after following instructions in a fraudulent text message that appeared to come from Cyprus’ General Healthcare System (Gesy), police said on Monday....
https://knews.kathimerini.com.cy/en/news/scammers-cloned-relatives-voices-with-ai-to-steal-€1-million-police-say
A familiar voice on the phone is usually enough to put someone at ease. According to Greek police, one criminal group turned that trust into a tool for stealing more than €1 million....
https://knews.kathimerini.com.cy/en/news/five-cyprus-companies-searched-in-€15-7m-mobile-phone-vat-fraud-probe
Cyprus Police took part in a coordinated European investigation into an alleged €15.7 million fraud and unpaid VAT scheme involving online mobile phone sales in Germany....
https://knews.kathimerini.com.cy/en/news/revolut-data-breach-puts-cyprus-users-on-scam-alert
Revolut has suffered a data breach after fraudsters posing as government officials tricked the financial technology company into releasing sensitive customer information....
https://knews.kathimerini.com.cy/en/news/limassol-company-loses-€105-000-after-fraudsters-hijack-supplier-email
A Limassol company has been left €105,000 out of pocket after fraudsters impersonated one of its overseas suppliers and redirected a payment into a bank account controlled by the scammers....
https://knews.kathimerini.com.cy/en/business/1-from-chatbots-to-co-workers
Three questions decide whether your AI investment compounds into operating advantage or evaporates into another round of pilots.
...
https://knews.kathimerini.com.cy/en/business/the-boc-fintech-hackathon-7-0-is-here-build-the-future
Bank of Cyprus is organizing the 7th Innovation Marathon for application development, BoC Fintech Hackathon 7.0, which focuses on implementing proposals and digital applications around Fintech, while also combining themes such as Social Innovation, Cybersecurity, and Smart Cities, using Artificial Intelligence, with the main goal of promoting entrepreneurship.
...
https://knews.kathimerini.com.cy/en/business/cyber-fraud-the-cost-to-your-wallet-and-your-peace-of-mind
The consequences of cybercrime, online fraud, or email scams can be far-reaching, affecting both your finances and your peace of mind.
...
https://knews.kathimerini.com.cy/en/news/nicosia-man-loses-€65-415-in-crypto-profits-scam
A 53-year-old man in Nicosia lost more than €65,000 after scammers persuaded him to install an application that gave them access to his computer, mobile phone and online banking....
https://knews.kathimerini.com.cy/en/business/cbc-to-decide-on-ecm-partners-€100m-plus-payabl-deal-in-october
The paperwork for ECM Partners’ planned purchase of half of payabl. has reached the Central Bank of Cyprus (CBC), which must approve the deal before it can go ahead. ECM Partners reached an agreement with payabl.’s shareholders last week....
https://knews.kathimerini.com.cy/en/news/prison-sick-notes-move-from-audit-report-to-criminal-investigation
The numbers were already difficult to explain. One prison officer was absent for 205 days in 2023 and another 202 days the following year. Across those two years, the officer submitted 111 medical certificates....
https://knews.kathimerini.com.cy/en/business/payabl-teams-up-with-visa-to-help-merchants-quickly-resolve-disputes-and-prevent-costly-chargebacks
European financial technology provider payabl. has expanded its relationship with Visa to extend access to real-time dispute management tools for merchants across the EU and UK....
https://knews.kathimerini.com.cy/en/news/cysec-flags-nine-unlicensed-investment-websites-see-the-list
A professional-looking website, a convincing sales pitch, and promises of quick returns can make an online investment platform appear legitimate. But a polished homepage does not necessarily mean the company behind it is licensed to handle your money....
https://knews.kathimerini.com.cy/en/news/property-developer-savvas-kakos-arrested-over-alleged-€12-million-fraud-scheme
For many people, buying property is the biggest investment they'll ever make. But police say dozens of people may have lost millions after allegedly falling victim to a property fraud scheme that is now at the center of a major criminal investigation....
https://knews.kathimerini.com.cy/en/news/local-businessman-arrested-in-alleged-property-fraud-and-money-laundering-case
A 62-year-old businessman from Larnaca has been arrested as part of a major police investigation into an alleged web of property fraud, forged documents, and money laundering....
https://knews.kathimerini.com.cy/en/news/new-eu-rules-aim-to-stop-people-being-fooled-by-machines
Have you ever wondered whether the message you received online was written by a person or a machine? Or whether that video of a politician, celebrity, or even someone you know was real or created by artificial intelligence?...
https://knews.kathimerini.com.cy/en/news/supreme-court-rejects-german-woman-s-appeal-in-occupied-cyprus-property-case
The Supreme Court has rejected an appeal by a German woman accused of illegally using Greek Cypriot property in the occupied areas, allowing criminal proceedings against her to continue....
https://knews.kathimerini.com.cy/en/news/scam-calls-continue-across-the-island
Over the past few months, residents across Cyprus have been receiving spam calls from fraudsters posing as representatives of a trusted organization, with the goal of gaining access to personal information....
https://knews.kathimerini.com.cy/en/business/€100-million-a-month-scam-three-cyprus-residents-among-suspects
A phone call from a ''financial adviser'' promising easy profits. A professional-looking investment platform showing money growing. Regular messages building trust over weeks or even months....
https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network
A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....
https://knews.kathimerini.com.cy/en/news/two-women-in-their-80s-targeted-in-separate-crimes-totalling-€172-000
Two separate crimes targeting women in their 80s are under police investigation after one victim was tricked out of more than €127,000 through an online scam and another had €45,000 worth of property stolen during a burglary....
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers
AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....
https://knews.kathimerini.com.cy/en/news/seven-suspects-extradited-from-cyprus-in-€700-million-fraud-case
Cypriot authorities have completed legal proceedings related to the extradition of seven individuals wanted in connection with an international fraud case involving an estimated €700 million, according to the Law Office of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/how-cyprus-confiscated-jho-low-s-€6m-villa-without-a-criminal-conviction
Legal expert Simos Angelides explained the legal framework that allows the Republic of Cyprus to confiscate assets connected to alleged criminal activity, even in cases where there has been no criminal conviction.
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https://knews.kathimerini.com.cy/en/business/fake-profits-trick-paphos-woman-in-online-investment-scam
Police in Paphos are investigating a new online investment fraud case after a 66-year-old woman reported losing thousands of euros to a scam that started with what looked like a legitimate investment website....
https://knews.kathimerini.com.cy/en/news/four-including-two-businessmen-arrested-in-larnaca-and-nicosia-for-extortion-fraud
Four people have been arrested in Cyprus as police investigate what they describe as a wide-ranging case involving alleged organized crime, extortion, fraud and weapons offenses spanning several years....
