Cyprus Mail

Remand for officer suspected of loan-sharking

A POLICE officer has been remanded for two days by Limassol district court after a member of the public accused him of loan-sharking.
According to reports, the 53-year-old policeman had loaned a 66-year-old member of public €1,000 but in return had demanded €1,250.
After the man reported the incident to his local police station, the officer was arrested and taken to court on Monday morning.
Chief of Police Michalis Papageorgiou said that both a criminal and disciplinary investigation would take place to establish what exactly happened.
“We will show zero tolerance if a police officer is found to have been loan-sharking and the wheels have been put in motion to suspend the officer in question until a full investigation is carried out,” he said.
Papageorgiou called on anyone who has fallen victim to loan-sharking to come forward and tell police as it is a serious crime.

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