Cyprus, Nicosia

Elderly Limassol Woman Scammed Out of $1.2 Million

13.03.2025 / 14:52
News Category

Limassol police are investigating a large-scale fraud case in which a 62-year-old woman was deceived into transferring $1.2 million to scammers.

According to a police statement, the victim reported that between February 25 and 28, 2025, she received a call from an unknown man claiming to be a bank employee. The caller warned her that her accounts were at risk of unauthorized withdrawals and urged her to move her funds immediately to "secure" accounts.

Believing the scammer, the woman transferred a total of $1,245,466 and €32,459 to various foreign bank accounts, completing 34 separate transactions. It was only after the money was gone that she realized she had been tricked and reported the incident to the police.

The case is now under investigation by Limassol’s Municipal Court Investigation Department.

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