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The police are investigating a case of internet fraud that was reported today at TAE Limassol by a 72-year-old Limassol resident who allegedly lost a large sum of money.
According to the complaint filed by the 72-year-old, he found and followed an advertisement about investment on the Internet around the end of June 2024. He initially invested 250 euros, but after the alleged investment manager showed him that his investment had paid off, he invested more money, totaling more than 41,000 euros.
At the same time, a second online advertisement appeared in early July 2024, related to cryptocurrency investment. At the direction of an unidentified person who contacted him, the complainant transferred more than €54,000 into his designated account, believing that he was purchasing cryptocurrency.
In both cases, when the 72-year-old asked to withdraw the money, the person suspected of being responsible asked him to continue making other payments under various pretexts and then cut off contact with him.
The case is being investigated by the Limassol TAE.
On the occasion of this incident, the police once again urged the public to be particularly careful and not to trust strangers’ promises of quick profits. It also invited the public to always obtain financial advice from a recognized advisor before making any investment.
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