Online Scam Results in €1.2 Million Loss for Limassol Company
December 15, 2025
A company in Limassol has fallen victim to an online scam, losing €1.2 million. The owner reported that he sent money to a suspicious account, which appeared to belong to an investment company. Two wire transfers of €900,000 and €300,000 were misleadingly sent due to a breach in the company's email. Authorities are investigating the case and trying to identify the perpetrators. The investigation is ongoing to uncover the details of the scam.