Cyprus Mail
Cyprus News in Brief

Land scam

ARREST warrants have been issued for a 43-year-old Bulgarian man and a 53-year-old Bulgarian woman in connection with a case of fraud of a businessman from Limassol which began in 2008, police said.

According to reports the businessman believed he had purchased a plot of land in Bulgaria from the pair but after visiting the site late last year discovered the land was never for sale.

The local businessman, in a statement to Limassol CID, said he got in touch with the two Bulgarians who were working at an estate agent in 2008 with a view to purchasing a plot of land. The pair allegedly convinced him to buy the land as it could be easily developed.

He handed over €260,000. Late in 2013 he decided to visit Bulgaria to see his land and look into what developments could be made on it. Following research done by his lawyers, it was discovered that the plot was not even for sale from its owner.

He then reported the matter to police who searched for the alleged fraudsters. They were not found and it is believed they managed to leave the island.

Limassol CID chief Ioannis Soteriades told the Cyprus Mail that police would be applying to the Attorney-General to issue an international arrest warrant and that local police had asked for their Bulgarian counterparts’ help in locating the pair.



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