LIMASSOL, Cyprus — Unknown perpetrators defrauded a Limassol-based company of more than €37,000 through a fake email scheme, police said Tuesday.
According to the company’s director, the firm had been in contact via email with a supplier based in another European country and agreed to pay an invoice for goods. Shortly afterward, the Cypriot company received a new email—appearing to be from the same supplier—requesting payment to a different bank account.
On September 25, the company transferred the funds to the new account. It was later discovered that the account did not belong to the supplier.
Police are investigating the incident as a case of electronic fraud.