A 40-year-old was remanded for eight days on Monday for his alleged involvement in a €411,000 fraud case, securing goods under false premises and forgery, police said on Tuesday.

The complaint was made on July 2 by a 65-year-old, alleging that a 40-year-old extorted her for €411,000, between 2019 to 2022, presenting her with forged documents related to the renovation of her house.

The man appeared in Nicosia district court yesterday where he was subsequently remanded for eight days.