Cyprus Mail
Cyprus

Woman loses close to €20,000 in online scam

online scam
File photo

By Robert Morgan

Police on Friday are investigating an online fraud case, after a woman said she was scammed out of thousands of euros.

The unknown persons told the woman, 56, to open a digital wallet at a cryptocurrency exchange and then buy and sell various products, paid for with cryptocurrencies, at seemingly legitimate ecommerce websites.

The woman was falsely promised to be paid for these transactions with commission fees, resulting in her losing €19,000.

The suspects reached the woman through an ongoing series of online conversations between the months of November 2023 and January 2024.

Following this incident, police cautioned the public to be especially careful about scammers.

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