Pafos Press 4 March 2026
A new case of online investment fraud is being investigated by the Police in the Paphos district, following a complaint filed yesterday by a 66-year-old man at the Paphos Investment and Financial Services Authority.
According to the 66-year-old's complaint, unknown persons contacted him via various online communication platforms between May and November 2025 and persuaded him to make alleged investments in cryptocurrencies.
Following the instructions of the suspects, the 66-year-old transferred, via bank transfers, an amount of money amounting to €89,816 to a cryptocurrency platform, where the suspects had created an account for him.