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Famagusta Gazette

News From Cyprus

Cyprus Police Warn of Investment Scams Exploiting Famous Personalities

ByFamagusta Gazette

Mar 27, 2025

FAMAGUSTA GAZETTE – Authorities are urging citizens to exercise caution in light of a social media fraud scheme, where perpetrators use false images or videos of famous personalities to lure victims into fake investment activities.

The scammers aim to deceive the public and steal money through these fraudulent advertisements.

Police emphasize that these scams are a deliberate effort to mislead citizens and extract funds through fake investment offers.

They recommend avoiding any communication or transactions linked to such advertisements and advise engaging only with licensed financial institutions or advisors for legitimate investment opportunities.

Famagusta Gazette