https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/shocking-allegations-in-avvakoum-monastery-scandal
Startling details have emerged in the damning decision of the Synod Court regarding three monks from the Avvakoum Monastery, including accusations of sexual misconduct. The monks have denied all charges, which are of a severe nature....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/rhodes-declares-state-of-emergency-bora-devastation
The Greek island of Rhodes has been declared in a state of emergency following the devastating impact of Storm Bora, which struck on Sunday, December 1, 2024....
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/ex-official-sued-over-fraud-allegations-and-damaging-audit-report
A legal battle has erupted in Cyprus, with the former Commissioner for the Development of Mountain Communities, Giannakis Papadouris, and V.V. Lampadistis Wineries Limited filing a lawsuit against Odysseus Michaelides....
https://knews.kathimerini.com.cy/en/business/paphos-fc-owner-among-77-investors-stripped-of-golden-passports
Sergey Lomakin, owner of Paphos FC, is among 77 foreign investors whose Cypriot citizenship, obtained through the controversial "golden passport" scheme, has been revoked by the Council of Ministers....
https://knews.kathimerini.com.cy/en/business/limassol-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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape
The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/white-house-locks-down-with-fences-and-barricades-ahead-of-election-day
With Americans casting their votes on Tuesday, fears of civil unrest are surging as a razor-thin presidential race between incumbent Donald Trump......
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/news/police-arrest-63-year-old-suspect-in-massive-£300-000-cheddar-theft
Detectives investigating the high-profile theft of 22 tons of cheddar from Neal’s Yard Dairy have arrested a 63-year-old man on suspicion of fraud by false representation and handling stolen goods, police confirmed.
...
https://knews.kathimerini.com.cy/en/news/using-ai-to-steal-your-homes-from-under-your-nose
The rise of artificial intelligence (AI) is changing the game for real estate scams, making it easier for criminals to pull off tricky schemes like deed theft....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/ft-foreign-students-lured-to-illegal-universities-in-occupied-cyprus
The Financial Times published an extensive report from Nicosia, highlighting a scheme targeting foreign students, particularly from Africa and Asia, through agencies promoting study opportunities at illegal universities in the occupied northern Cyprus....
https://knews.kathimerini.com.cy/en/news/1-a-picture-is-worth-a-thousand-words
Former President Donald Trump made an unusual appearance at a McDonald’s in suburban Pennsylvania on Sunday, attempting to present himself as......
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/german-estate-agent-denies-misappropriation-of-greek-cypriot-properties
In the ongoing saga surrounding the controversial sale of Greek Cypriot properties in the occupied territories, a German real estate agent has denied all charges against her. ...
https://knews.kathimerini.com.cy/en/news/surgeon-accused-of-negligence-and-fraud-in-nicosia
A 34-year-old man has lodged a formal complaint against a Nicosia-based surgeon, accusing him of medical negligence and fraud following a scheduled inguinal hernia repair surgery.
...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/nyc-mayor-eric-adams-charged-with-bribery-involving-turkish-officials
New York City Mayor Eric Adams has been charged with bribery and fraud in connection with an alleged scheme involving Turkish officials. Prosecutors say Adams accepted more than $100,000 in luxury travel, ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-fall-of-the-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.''...
https://knews.kathimerini.com.cy/en/news/elderly-defrauded-of-€40-000-in-utility-worker-scam
A group of Roma individuals continues to defraud elderly people by posing as employees of the Greek Public Power Corporation (DEI) and the Hellenic Telecommunications Organization (OTE), aiming to steal money....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-unveils-new-european-commission-lineup
European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...
https://knews.kathimerini.com.cy/en/news/sms-scam-alert-authorities-warn-of-cryptocurrency-messages
Cyprus’s Cybercrime Unit has issued a warning about a new SMS scam targeting citizens. ...
https://knews.kathimerini.com.cy/en/business/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. ...
