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1. 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....

2. 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....

3. 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....

4. 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....

5. 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....

6. 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. ...

7. 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. ...

8. 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....

9. 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....

10. 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....

11. 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, ...

12. 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....

13. Two suspects face trial over Metamax pyramid scheme fraud

A 63-year-old and a 54-year-old have been referred to trial today before the Criminal Court in connection with the Metamax investment pyramid scheme. ...

14. 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....

15. Paphos man loses €200,000 in online fraud scheme

Police are investigating a new online fraud case involving a large sum of money after a 67-year-old man reported being swindled out of €200,000. The complaint was filed today at the Paphos Police Station, according to Cyprus Police....

16. Police warn public about new online extortion scam

Police are urging the public to be vigilant after a new form of online fraud has emerged, where scammers attempt to extort money by claiming they have compromising videos of the victims....

17. Fake contests and phishing scams surge, warns Cyprus Consumers Association

The Cyprus Consumers Association (CSC) has issued a warning about a surge in consumer fraud, where cunning individuals employ various tricks to extort money from unsuspecting victims. ...

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

19. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

20. Cypriot neurosurgeon sentenced for fraud

A Cypriot neurosurgeon has been sentenced to 32 months in prison for deceiving patients and defrauding the General Health System. ...

21. Court detains suspect in Metamax pyramid scheme

A 54-year-old man arrested in connection with the ''pyramid'' fraud scheme known as Metamax has been ordered detained for eight days by the Limassol District Court, according to proceedings held on Saturday, July 6th. ...

22. New pyramid scheme preys on Cypriots promising big profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

23. Biden campaign rolls out $50M in ads focusing on Trump’s conviction

President Joe Biden’s reelection campaign is spending $50 million through the end of June, a blitz that includes its first television ad trumpeting......

24. Limassol man loses €46,900 in car sales scam

A 28-year-old man reported to Limassol Police Station that he was the victim of electronic fraud after transferring €46,900 to a bank account he believed belonged to a car sales company....

25. Ayia Napa Mayor faces trial for alleged forgery and fraud

Re-elected Mayor of Ayia Napa, Christos Zanettou, is set to appear before the Criminal Appeals Court. ...

26. Laura Kovesi: ''There are no 'clean' countries in the EU

The head of the EPPO (European Public Prosecutor's Office) and the first EU Prosecutor General, Laura Kövesi, spoke with ''K'' during her visit to Cyprus for an event organized by the Department of Legal Science at the University of Cyprus....

27. Man arrested in Nicosia fraud case involving €175,060

Police are investigating a significant fraud case involving the withdrawal of €175,060. A 37-year-old man has been arrested in connection with the case and is currently detained under a court order....

28. Fake fundraisers exploiting Cyprus Cancer Society's name

The Cyprus Cancer Society has issued a warning about fraudsters posing as fundraisers for the organization, visiting homes and illegally soliciting money....

29. Cryptocurrency seized in Cyprus as fraud network unravels

A well-established international cryptocurrency fraud, dismantled recently, resulted in numerous victims and significant profits for a criminal network....

30. Archbishop Georgios in ''K'': The scandal rocking the Church of Cyprus

In an interview with ''K,'' Archbishop George assures that efforts are being made to fully clarify the case of the Monastery of Saint Avvakum, which is causing turmoil within the Church. ...