#Money laundering

A case involving allegations of money laundering activities against a 31-year-old Ukrainian woman who is accused of transferring millions of euros to Cyprus in recent months is expected to be ...

The 31-year-old Ukrainian woman suspected of money laundering is not cooperating with authorities, police spokesman Christos Andreou said on Tuesday. She is currently a serving a five-day remand order, which ...

Cyprus’ anti-money laundering unit (Mokas) may be roped in to investigate the case of the Ukrainian woman who was remanded after reporting a €420,000 robbery. Police now fear there may be ...

The 31-year-old woman who reported she had been robbed of €420,000 in cash on Friday was arrested for money laundering afterwards, it emerged on Saturday. The woman, who is believed to ...

A Cypriot brokerage firm caught up in an investigation by French prosecutors probing financial transfers possibly tied to Yevgeny Prigozhin on Wednesday denied it had ever had direct relations with ...

A fish farm has been operating illegally for years in a Limassol village, destroying the environment around the Kouris dam for which several ministries are suspected of abuse of power, ...

Turkish Foreign Minister Hakan Fidan said on Wednesday he will “raise the issue” of Israelis buying property in the north with the Turkish Cypriot authorities. Fidan was quizzed by the ...

The government said on Wednesday that police were already investigating most of the cases in the ‘Cyprus Confidential’ report released a day earlier by the International Consortium of Investigative Journalists (...

Cyprus may be embroiled in a €15 million international fraud and money laundering scheme, suspected of obtaining EU funds for IT projects with false invoices, two EU bodies revealed on Thursday. ...

Police on Tuesday in Larnaca arrested a 29-year-old man against whom a European warrant was pending. According to the police officers in collaboration with investigators from Austria and Europol conducted ...

The two Cypriot passport holders and eight others accused of involvement in a major money laundering operation appeared in a Singapore court again on Wednesday, with all ten denied bail ...

Two Cypriot passport holders were arrested in Singapore as part of a suspected money laundering bust it emerged on Thursday, spurring Cyprus’ interior ministry to assure it would assess the ...

Cyprus has made “some progress” in implementing anti-money laundering measures, but it still needs to improve on certain aspects, a Moneyval report released on Tuesday said. In its annual report ...

A 51-year-old woman was arrested on Tuesday in Limassol for allegedly transferring around €1.5 million from her company’s account to another account without authorisation. According to the police, a 47-year-old ...

Credit Suisse CSGN.S was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first ...

The world’s money laundering and terrorist financing watchdog (FATF) said on Friday that Malta was no longer subject to its increased monitoring process, a decision welcomed by the Mediterranean ...

Limassol police late on Tuesday arrested a 38-year-old man, who was a passenger in a car they stopped for traffic offences, on suspicion of money laundering and drug possession. The ...

The Central Bank of Cyprus (CBC) has slapped a €790,000 fine on Bank of Cyprus for the latter’s violation of certain provisions of the law relating to money laundering. In ...

Police on Friday said they arrested a 44-year-old Famagusta resident based on a European warrant issued for employee theft and money laundering. The crime was reported to the police on ...