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Famagusta Gazette

News From Cyprus

Cyprus: Elderly Woman Defrauded of Over $1.2 Million in Limassol Scam

ByFamagusta Gazette

Mar 13, 2025

FAMAGUSTA GAZETTE – A 62-year-old woman from Limassol has fallen victim to a sophisticated fraud.

According to reports, between February 25 and February 28, 2025, she was contacted by an unknown individual posing as a bank employee.

The scammer claimed that her accounts were under threat from illegal withdrawals and convinced her to transfer her funds for safekeeping.

The woman proceeded to transfer a total of $1,245,466 and €32,459 to foreign bank accounts in 34 separate transactions, following the scammer’s instructions.

The General Directorate of Investigations of the Limassol Municipal Court is currently investigating the case.

Famagusta Gazette