Nicosia police investigate 93,200 euro email fraud case

The Nicosia Police are investigating a major online fraud case involving the theft of 93,200 euros. A local company reported the incident to the Nicosia Criminal Investigation Department (TAE). On January 21, the firm received an email from a partner regarding the payment of a service invoice to a specific bank account. On March 3, the company received a follow-up email from an account masquerading as the partner, requesting payment to a different bank account in another European country. Believing the request was legitimate, the company transferred 93,200 euros to the specified account. It was later discovered that the March 3 message was fraudulent. The Financial Crime Investigation Unit of the Nicosia TAE is currently handling the case. Authorities are urging businesses to verify payment details directly with partners before proceeding with transactions.