Police have arrested two more people, aged 28 and 53, for an investigated case of real estate fraud in Limassol.

Two persons aged 45 and 46 had previously been taken onto custody following their arrest on Sunday.

A 78-year-old landowner had reported to the police that he had discovered that a plot belonging to him had been sold to a company for the sum of €600,000 in cryptocurrencies on February 11.

Police investigations revealed that forged documents had been submitted for the transfer of ownership of the plot, while the owner’s signature had also been forged.

The two suspects initially arrested were remanded for eight days and appeared before the Limassol District Court on Monday.

Police arrested the 53-year-old suspect on Tuesday afternoon and the 28-year-old shortly after midnight.

They are being investigated for fraudulent transactions in relation to real estate, extortion of money under false pretenses, impersonation, circulation of a forged document, money laundering, and conspiracy to commit a felony.