https://knews.kathimerini.com.cy/en/news/ai-powered-deepfake-identity-thefts-surge-3-000
Several months ago, a worker in Hong Kong unexpectedly conducted a transaction worth $25 million for her company, following instructions given......
https://knews.kathimerini.com.cy/en/news/massive-international-fraud-ring-busted-cyprus-plays-crucial-role
Cyprus, along with international law enforcement agencies, cracked down on a massive fraud ring with a staggering €645 million turnover....
https://knews.kathimerini.com.cy/en/news/cyprus-revamps-school-curriculum-to-address-financial-literacy-gap
In response to concerns over low financial literacy rates among Cypriots, highlighted in studies including the Central Bank's 2021 report, efforts to address the issue have been reignited. ...
https://knews.kathimerini.com.cy/en/news/a-state-held-hostage
While society was glued to shocking videos from the Monastery of Saint Avvakoum, sending a message that an entire financial - and not only - fraud was staged to the detriment of the faithful, the President of the Republic visited Mount Athos. ...
https://knews.kathimerini.com.cy/en/news/nicosia-senior-swindled-of-€480-000-in-cryptocurrency-scam
In a disturbing turn of events, a 73-year-old resident of Nicosia has fallen prey to a sophisticated internet fraud scheme, resulting in a substantial loss of over €480,000 in a cryptocurrency scam....
https://knews.kathimerini.com.cy/en/news/us-ambassador-cyprus-vital-for-regional-stability
In an era defined by conflict and rapidly changing geopolitical landscapes we see just how crucial Cyprus’ role is as a secure pillar of stability in the Eastern Mediterranean region, US Ambassador Julie Fisher said Thursday, addressing an event at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/woman-arrested-for-duping-victims-of-over-€430-000
In a shocking turn of events, a 52-year-old woman has been apprehended by Limassol Police for allegedly orchestrating a fraudulent real estate scheme.
...
https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/business/cyprus-linked-to-magnitsky-case-through-luxury-hotel-investment
The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....
https://knews.kathimerini.com.cy/en/news/nigerian-gang-exploits-facebook-connections-in-elaborate-scam
Greek authorities have dismantled a criminal organization consisting of Nigerian and Sierra Leonean nationals accused of duping women out of substantial sums of money through an elaborate online scam....
https://knews.kathimerini.com.cy/en/news/scammers-exploit-kalogeropoulos-mavromichalis-murders-to-target-cypriots
In a disturbing turn of events, fraudsters have seized the opportunity presented by the Kalogeropoulos and Mavromichalis murders to orchestrate an electronic fraud scheme. The primary objective: intercepting sensitive data from unsuspecting citizens....
https://knews.kathimerini.com.cy/en/news/scammers-posing-as-doctors-exploit-elderly-woman-stealing-thousands
Another troubling case of fraud is under investigation by the Nicosia Police, as criminals impersonating medical professionals took advantage of a 68-year-old woman, leaving her thousands of euros poorer....
https://knews.kathimerini.com.cy/en/news/fake-doctors-strike-again-defrauding-thousands-in-euros-and-jewelry
In a renewed alert, the police urge the public to stay vigilant following new reports of fraud cases involving individuals falsely posing as doctors....
https://knews.kathimerini.com.cy/en/news/phone-scammers-strike-again-as-elderly-woman-loses-€3-000
An 89-year-old woman in Nicosia became the latest victim of a telephone scam on Wednesday afternoon, losing €3,000 to fraudsters. The case has been reported to the police and is currently under investigation by the Nicosia Criminal Investigation Department (CID)....
https://knews.kathimerini.com.cy/en/news/whatsapp-users-beware-of-password-scam
The Cybercrime Sub-Directorate has issued a warning to citizens regarding a concerning trend of suspicious messages related to password hacking on Social Media, with a particular focus on WhatsApp....
https://knews.kathimerini.com.cy/en/news/bank-refunds-$500-000-to-elderly-customer
From Australia comes a story of corporate responsibility in the face of personal tragedy as an elderly national bank depositor had nearly AUD$500,000 returned to him out of the bank’s own pockets.
...
https://knews.kathimerini.com.cy/en/business/beware-of-tax-scam-emails-impersonating-the-ministry-of-finance
The Tax Department is warning people about an unsolicited email that looks like it's from the Ministry of Finance. This email is trying to get your personal information and bank details by pretending to offer a tax refund....
https://knews.kathimerini.com.cy/en/business/consumers-revolt-as-rising-prices-trigger-surge-in-complaints
In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...
https://knews.kathimerini.com.cy/en/news/over-220-000-victims-trafficked-for-southeast-asia-s-online-fraud-schemes
A new UN report estimates that hundreds of thousands of people from around the world have been trafficked to Southeast Asia to run online scams....
https://knews.kathimerini.com.cy/en/news/scammers-impersonate-doctors
The Police are urging the public to be cautious once again, following new reports of fraud and attempted theft of large sums of money by individuals falsely posing as doctors.
...
https://knews.kathimerini.com.cy/en/business/alert-issued-amid-spate-of-prepaid-card-scams
A total of five cases have been reported between August 4 and 10 about scams that led to withdrawals of thousands of euros through prepaid credit cards, Police spokesperson, Christos Andreou, told CNA on Friday, calling on businesses that sell such cards to be alert and cautious....
https://knews.kathimerini.com.cy/en/news/company-loses-€93-187-in-scam
Yesterday, the police arrested a 60-year-old person as part of their investigation into an online fraud case that occurred in Limassol in 2019....
https://knews.kathimerini.com.cy/en/news/rising-scams-in-cyprus
Telephone and online scams are on the rise in Cyprus, targeting vulnerable elderly individuals and attempting to swindle their hard-earned money....
https://knews.kathimerini.com.cy/en/news/from-lovers-to-doctors-cyprus-confronts-rising-online-fraud
Cyprus is witnessing a significant annual increase in online fraud cases, according to Andreas Anastasiades, the Director of the Electronic Crime Sub-Directorate. ...
https://knews.kathimerini.com.cy/en/news/$280b-lost-in-fraud-and-mismanagement-of-us-covid-relief-aid
A recent investigation conducted by the Associated Press has exposed a rampant wave of fraud and mismanagement in the distribution of federal COVID-19 relief aid in the United States....
https://knews.kathimerini.com.cy/en/business/17-of-cypriots-admit-to-purchasing-fake-goods
According to a report from the European Union Intellectual Property Office (EUIPO), Cypriots have admitted to accessing content illegally, particularly for watching sports. ...
https://knews.kathimerini.com.cy/en/business/the-holiday-scam-protecting-yourself-when-booking-online
An increasing number of individuals are opting to plan their vacations online, a trend that, as observed in previous years, carries potential risks and pitfalls. ...
https://knews.kathimerini.com.cy/en/news/surge-in-fraudulent-accommodation-scams-targets-holidaymakers
The director of the Electronic Crime Sub-Directorate, Andreas Anastasiades, has issued a warning about a surge in fraudulent activities where criminals are posing as tenants or owners of houses, apartments, and hotels....
https://knews.kathimerini.com.cy/en/news/police-impersonation-scam-alert
The police are urging the public to be extra cautious following new reports and complaints of a scam that continues to be perpetrated with the aim of stealing money....
https://knews.kathimerini.com.cy/en/news/police-suspect-foul-play-in-cryptic-disappearance-case
A local man who did time in a US prison and is also being accused of bitcoin theft in Cyprus has turned himself in, but he is reportedly not answering questions about the disappearance of a man whose torched vehicle was found in rural Nicosia last week...
