#fraud

Three individuals have been arrested in Cyprus as part of an international investigation into an alleged cryptocurrency investment fraud network accused of defrauding hundreds of victims in Belgium and the ...

Cypriot authorities have had no involvement in an ongoing European VAT fraud investigation other than the sharing of information, it was reported on Tuesday. Citing sources in Cyprus familiar with ...

The anti-corruption authority on Monday declined to comment on reports that it is investigating a former member of parliament over alleged fraud and misappropriation of funds linked to a non-profit ...

American businessman Ibrahim Hilmi, who is accused of devising a scheme to defraud over $3.7 billion from Medicare, the United States government-funded health insurance programme that supports elderly and disabled people, ...

A 54-year-old man has arrested been in Cyprus on the basis of a European arrest warrant, after having been convicted of fraud in Greece, the police said on Thursday. The ...

Seven individuals arrested in Cyprus for an alleged €700 million international investment fraud have been extradited to Belgium and France after all legal proceedings were completed, authorities announced on Tuesday. The ...

A 45-year-old woman was sentenced to six years in prison on Wednesday by the Limassol permanent criminal court for defrauding displaced property owners, while a 53-year-old received a 12-month prison ...

Greek police arrested 20 people on the island of Crete on Monday, saying they had dismantled a criminal gang suspected of defrauding the European Union of agricultural subsidies – the latest case ...

A 31-year-old man has been remanded for one day by the Famagusta district court in connection with an online fraud case involving more than €14,000 allegedly obtained through false representations. Police ...

Limassol police have arrested two individuals in connection with separate cases of alleged theft by an employee, involving a combined amount exceeding €338,000. According to police reports issued on Saturday, the ...

A company based in Nicosia has reported to police it was defrauded of more than €120,000 after receiving a scam email purporting to be from a foreign business partner. According to ...

Police on Tuesday warned that members of the public have reported being defrauded by websites purporting to offer visas for entry to the United Kingdom, and as such advised people ...

Police in Limassol are investigating a new case of online invoice fraud after a company director reported a payment made to a false bank account. The director told officers his ...

Hundreds of people have been defrauded by individuals posing as real estate agents, according to the Cyprus Real Estate Agents Registration Council, which is registering an average of three to ...

Deputy director-general of the European anti-fraud office (Olaf) Salla Saastamoinen on Wednesday urged Cyprus to seek support from the EU’s anti-fraud programme. Olaf is the EU body responsible for ...

Cyprus has recorded a significant rise in payment fraud, with incidents and financial losses growing faster than anywhere else in the eurozone, a Central Bank of Cyprus report showed on ...

Two individuals have been arrested and documents and electronic devices seized by Cyprus authorities during the international operation “Chargeback”. A coordinated Joint Action Day took place on November 4 under Operation “...

Seven people have already been arrested in an ongoing Europol probe into money laundering and online fraud it was made known on Monday. According to the European Union Agency for ...

Italy’s chronic tax evasion started to rise again four years ago after years of declines, and has been worse than thought, the latest government data showed on Monday. Tax ...

A 57-year-old man suspected of internet fraud and money laundering was extradited to Cyprus on Tuesday following his arrest in Italy last September. The arrest was part of a joint ...

The Central Bank of Cyprus (CBC) on Friday issued a warning about a case of fraud involving a fake letter. The letter uses the bank’s name, logos and official ...

The police said on Friday they have been receiving complaints about fraudulent messages urging recipients to pay out-of-court settlements for traffic violation fines. The messages are being sent through social ...

Limassol district court on Thursday ordered two women remanded in police custody, after their arrest on suspicion of fraud. The two suspects will be held in police custody for five ...

Switzerland is considering joining a British-led international task force targeting kleptocrats and recovering stolen assets, it said on Tuesday, as it seeks to shake off its reputation as a haven ...