Pafos Live 6 September 2026
A new case of online fraud with investments in cryptocurrencies is being investigated by the Police in the province of Paphos, following a complaint filed yesterday with the Paphos TAE by a 61-year-old man.
Specifically, in mid-February 2026, the 61-year-old spotted, through a social networking site, an advertisement related to cryptocurrency investments. He then contacted an unknown woman, who spoke in English, via a telephone application and, following her instructions, converted the amount of €6.200 into cryptocurrencies of a certain type through his bank account, which he then transferred to an unknown electronic wallet for investment purposes.
Through a link that had been sent to him, he monitored the progress of his investment. When the investment appeared to show a significant profit and he asked for his money back, he was asked to pay the amount of €3,222. Then he realized that it was a scam and cut off all communication with the unknown woman.
In March 2026, the 61-year-old was contacted again via a telephone application by two unknown persons, who spoke in Greek and claimed to be involved in locating money lost to online scams. These persons assured him that they would help him recover money and cash out profits he had allegedly made from his previous investments in cryptocurrencies.
After being convinced by the suspects' claims, the 61-year-old, during the period between 20/03/2026 and 27/07/2026, made a series of bank transfers to bank accounts abroad indicated to him by the unknown persons. These sums of money were allegedly paid under the pretext that they related to expenses, fees and tax charges.
As he did not receive any amount of money, he realized that he had been the victim of fraud. According to his complaint, the perpetrators extorted a total amount of money exceeding €77.600.
The case is being investigated by the Financial Crime Investigation Office, of the Paphos Police Department.
The Police, on the occasion of this case, recommends special attention to the public. It is pointed out that the provision of access to electronic devices to other persons, as well as access to online accounts, should be avoided, while personal and bank account information should be protected and never disclosed.
In relation to the conduct of any transactions and investments over the internet, the public is urged to cooperate only with recognized companies and approved advisors, for any financial investments.
* * * * * *
Filenews
The presence and action of the Police last night was intense, throughout Cyprus, with organized patrols in key points of urban areas, with the aim of preventing serious criminal acts, ensuring public order and increasing the sense of security of the public.
As a result of the preventive police operations, seven persons were arrested for various offenses such as illegal stay in the Republic of Cyprus, burglary and theft, driving under the influence of alcohol and illegal possession of drugs.
As part of these operations, during the night, 783 vehicles were stopped for inspection and 1025 persons in them were checked. At the same time, 65 inspections were carried out in premises with the aim of dealing with phenomena of delinquency, during which 10 complaints emerged.
During traffic checks carried out, 273 complaints were made, concerning various traffic violations, while 14 investigated cases of traffic violations also emerged.
Of the complaints made, 83 concerned exceeding the speed limit, while as part of the police examinations, 15 vehicles were detained.
315 alcohol tests were carried out, from which 19 complaints emerged, as well as 82 preliminary drug tests with three positive results.
