Police in the Nicosia District are investigating a new case of online fraud involving cryptocurrency investments, following a complaint filed yesterday with the Nicosia Cybercrime Unit by a 53-year-old man filed a complaint with the Nicosia CID.
Specifically, on August 26, the 53-year-old received a phone call from an unknown individual, who spoke Greek and told him that he would help him cash out profits he had earned from previous investments in cryptocurrencies. The suspect referred the 53-year-old to a second suspect, allegedly his superior, who asked the 53-year-old to install a specific online application on his computer and cell phone.
After the 53-year-old followed the suspects’ instructions, he granted them access to his online bank account, allowing the perpetrators to carry out a number of transactions and steal a total of 65,415 euros.
The case is being investigated by the Financial Crimes Investigation Unit of the Nicosia CID.
In light of this new report of fraud, the police are urging the public to exercise particular caution. It is emphasized that granting other individuals access to electronic devices or online accounts should be avoided, while personal information and bank account details must be protected and never disclosed.
When conducting any online transactions or investments, the public is urged to work only with recognized companies and licensed advisors for any financial investments.
