5 Minute News

Prison Sentence for 35-Year-Old Who Defrauded Investors in Cyprus

May 22, 2026

A 35-year-old man was sentenced to a total of five years in prison for fraud in Cyprus. He posed as an investor wanting to become the president of a football team and defrauded several individuals, including a lawyer and a former footballer. His frauds amounted to €173,075 from six victims, using false pretenses and forged documents. The defendant claimed he was about to receive an inheritance from Africa, which proved to be untrue. The court considered prior criminal cases before imposing the sentence.