Police on Thursday arrested a 33-year-old man sought by Russian authorities on suspicion of fraud and embezzlement.
Acting on information from Interpol via the Russian Federation, police located the man in Limassol. The suspect was placed under arrest and taken before a judge for his arraignment.
The man is alleged to have conspired with others to defraud various individuals of about 68 million Russian roubles (€755,000). The crimes are alleged to have occurred in Russia between 2015 and 2018.
Russian authorities had issued a warrant for his arrest on January 31.
The court in Limassol set the next hearing in the extradition case for December 30.
Pending his next appearance in court the suspect was released after posting a €50,000 bond. He has turned over his passport and been placed on the Republic’s stop list. He must also report to a police station three times a week.