Seizure of Assets Linked to Organized Crime in Cyprus
May 20, 2025
The police have frozen or confiscated vast assets related to organized crime, totaling around 10 million euros over the past year and a half. These assets include real estate, luxury vehicles, and cryptocurrencies. Many cases are linked to financial fraud and drug-related activities, with a notable increase in investments in cryptocurrencies leading to scams. The Ministry of Justice and law enforcement agencies continue their efforts against organized crime.