5 Minute News

Arrest of former executive for embezzlement from company

June 13, 2026

In Limassol, an investigation is underway regarding a former executive accused of embezzling 610 thousand euros from a company. The misconduct came to light following a complaint from the company's director. Despite being dismissed, he allegedly signed documents without authorization. The 39-year-old has been arrested, and the investigation continues. Authorities are looking into the case for potential illegal activities.