Police in Limassol are investigating the theft of €100,000 after a complaint filed on Thursday by a 31-year-old man, who said he was deceived during a cryptocurrency transaction.
According to the evidence under investigation, the complainant had used an online application to seek information about converting money into cryptocurrency. He later received a message from an unknown person, who directed him to a cryptocurrency exchange shop in Limassol.
The 31-year-old went to the shop on Thursday with a friend and handed over €100,000, intending for the money to be converted and sent to a cryptocurrency wallet. He later realised he had been scammed, as the funds were not deposited into the wallet he had requested.
Police inquiries found that, one day earlier, an unknown person had contacted the person in charge of the shop, claiming that associates would visit the premises and deliver €100,000. The money, the caller said, had to be converted into cryptocurrency and sent to a specific digital wallet.
After receiving the cash, the shop representative allegedly completed the transaction according to the instructions given by the unknown caller.
Limassol CID is continuing investigations.
