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Limassol advertising company falls victim to online fraud

file photo: a 3d printed facebook logo is seen placed on a keyboard in this illustration

Police were on Friday investigating another case of online fraud in involving loss of thousands of euros.

According to a police statement, the 36-year-old manager of a Limassol-based social media advertising company reported that between December 23 and 28 his company’s bank account was debited through 35 transactions totalling €20,928 without his knowledge or consent.

Investigations revealed that the money ended up in an account with a Facebook beneficiary for advertisements unrelated to its customers. The complainant appealed to the platform for compensation with no response so far.

The case is under ongoing investigation.

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