Police are investigating a case of online fraud following a complaint filed by a 31-year-old woman who says she was tricked into transferring more than $52,000 in cryptocurrency.
According to the complaint, the woman had been communicating online with an unidentified man who persuaded her to invest through a digital platform. Between Sept. 25 and Oct. 4, she made six cryptocurrency transfers totaling $52,485 via a link he provided.
When she later attempted to access the company’s website, she discovered it did not exist.
The Limassol Criminal Investigation Department (CID) is continuing its inquiry.
Public Advisory
Authorities are urging the public to exercise caution when engaging in online investments, particularly in the cryptocurrency sector. Key recommendations include:
- Verify the identity and legitimacy of companies before investing. Use only recognized cryptocurrency exchanges.
- Never share passwords for digital wallets or online banking accounts.
- Do not allow remote access to your computer for investment purposes.
- Be aware that such investments carry significant risk and potential financial loss.
- Enable two-factor authentication on exchange accounts for added security.
- Remain skeptical of promises of high returns and consult financial experts before investing.