Former company executive in Limassol charged with embezzlement
June 14, 2026
A 39-year-old former company executive in Limassol has been remanded for embezzling €610,215. His actions were uncovered when his partners suspected financial irregularities and conducted an audit. The suspect allegedly transferred money to his personal accounts and charged personal expenses to the company. Additionally, he signed for an elevator without authorization. Charges against him include theft by an official and money laundering.