Internet scammers stole over 93 thousand euros from a company in Nicosia

Police in Nicosia are investigating a new case of internet fraud in which a company was defrauded of more than 93 thousand euros.

According to law enforcement, company representatives received an email purportedly sent on behalf of a partner organization, requesting payment for services rendered. Later, the company received another email from a similar address stating that the payment should be transferred to a different bank account.

Following the instructions, the company transferred 93,200 euros to a bank account in a European country. It was later discovered that the email had been sent by scammers who spoofed the partner company's email address.

The investigation is being handled by the economic crime unit of the Nicosia police.

In light of this case, the police urge companies and individuals to always verify such emails before paying invoices and to confirm payments by phone via known and verified contacts. Company owners and managers are also advised to inform employees about such scam schemes and to implement procedures for verifying payment requests.