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61. Police officer to stand trial on corruption and fraud charges

A police officer arrested in January on corruption-related charges is now facing legal proceedings after a case was officially registered against him last Tuesday before the District Court....

62. One in three short-term rental accommodations is illegal

63. Alright, but this is the last time, says judge in Yiannakis case

The Criminal Court Judge granted a final adjournment for the hearing of former Commissioner of Volunteerism....

64. Court denies release for German woman in property case

A 49-year-old German woman accused of illegally handling Greek Cypriot property in the occupied north of Cyprus has lost her appeal for release while awaiting trial. ...

65. Bizarre paramilitary group in Cyprus under investigation

A strange and alarming case has emerged in Cyprus, where authorities are investigating a shadowy group that claims to operate under its own legal and military codes, disregarding the authority of the state....

66. 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....

67. 76-year-old arrested in Cyprus after €150,000 fraud

A 76-year-old man was arrested Thursday in Larnaca after a joint investigation between Cypriot and German authorities uncovered his involvement in an internet fraud and money laundering scheme....

68. Mohamed Salem case: Acquitted on naturalisation charges

The Supreme Court on Thursday acquitted most of the defendants in a case involving irregularities in the Cyprus Investment Programme (CIP) related to the naturalisation of investor Mohamed Salem and his family....

69. Tobacco products worth €200,000 found hidden behind bird cages (PHOTOS)

Members of the Nicosia CID conducted a coordinated operation today between 7:00 AM and 5:00 PM....

70. Cypriot company scammed out of $81K in online fraud

A Cypriot company based in Limassol has fallen victim to an online scam, losing over $81,000 worth of goods in a sophisticated fraud scheme....

71. Meta drops fact-checking just before Trump takes office

Meta CEO Mark Zuckerberg announced Tuesday that Facebook and Instagram are dropping their fact-checkers. Instead, the platforms will rely on user-driven “community notes,” much like Elon Musk’s approach on X (formerly Twitter). ...

72. 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....

73. Police bust alleged residence permit scam in Cyprus

It started quietly, as most investigations do. Whispers of a network helping foreign domestic workers obtain fake residence permits reached the Crime Prevention Department (CPS)....

74. 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....

75. 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....

76. Hungarian women held over €58.5M property case

Two women, aged 61 and 53, are facing serious charges tied to the alleged illegal sale of Greek Cypriot properties worth €58.5 million in the occupied areas of Akanthos, Ayios Ambrosios, and Kalograia. ...

77. 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....

78. Charity President arrested in €120,000 fraud case

Police have arrested a 66-year-old woman, the president of an NGO supporting patients with a specific disease, over allegations of financial fraud exceeding €120,000. The arrest took place on the evening of Monday, December 9, following a court warrant....

79. 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....

80. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

81. AI in Finance: Embrace the Future or Be Left Behind

Technology is changing how we do everything, and finance is no different. ...

82. Half of citizens and businesses targeted by cybercriminals in 2024

In a startling revelation, a recent survey by the Digital Security Authority has found that one in two people in Cyprus fell victim to a cyber attack in 2024....

83. 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....

84. 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....

85. 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....

86. Rhodes declares state of emergency after storm ''Bora''

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....

87. 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. ...

88. 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....

89. 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....

90. 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....