Cyprus Mail
Cyprus

Woman held in connection with €300,000 scam

Cypriot police arrested a 52-year-old woman in Prague on suspicion that she was involved in scamming a Cypriot businessman for €300,000.

A European arrest warrant was issued against the woman – who has now been brought to Cyprus – and six others in connection with the crime, which includes fraud and money laundering.

The businessman told police that he had been promised a loan of €50 million from a bank in Asia if he paid €100,000 cash in advance to sign the contract and a further €200,000 as expenses for the intermediaries.

Related Posts

Breakwaters: A coastline coated with rocks

Christodoulos Mavroudis

‘Glimmer of hope’ for Mitsero communities battling plant relocation

Jean Christou

Cyprus expresses ‘deep sorrow’ for loss of life in Egyptian fire

Staff Reporter

The greatest health and social scourge of all time

Christos Panayiotides

Helios crash was a ‘punch to the gut’, lead Greek investigator Tsolakis says

Ineia residents block roads for an hour to protest Akamas local plan

Jean Christou