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Nicosia man loses €480,500 in cryptocurrency fraud

by admin
February 9, 2024
in Cryptocurrency
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Nicosia man loses €480,500 in cryptocurrency fraud
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Police are at the moment investigating a brand new case of web fraud, following a criticism lodged by a 73-year-old man in Nicosia.

Based on the criticism, between October 24, 2023, and February 6, 2024, the aged particular person was deceived by unknown individuals by way of the web.

He was satisfied of the authenticity of sure cryptocurrency alternate web sites and, in an try to take a position, transferred a complete quantity of roughly €480,500.

The complainant, after participating in conversations with unknown people, was inspired to create an account on a cryptocurrency alternate.

Following their directions, he transferred the aforementioned quantity from his checking account, changing it into cryptocurrencies, to an digital pockets related to a fraudulent web site.

This web site was falsely introduced as a legit cryptocurrency alternate platform.

In gentle of this incident, the Police are reminding the general public that each one web transactions carry dangers and may all the time be carried out with warning.



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