👮 Former Company Executive Arrested in Limassol Over €610,215 Theft and Fraud Charges
Limassol CID has arrested a 39-year-old former company executive accused of official theft, obtaining money under false pretences, and money laundering. The suspect allegedly embezzled €610,215 from company funds during his tenure between 2023 and 2026. The investigation began following a complaint filed by a company director. Authorities also discovered that after his dismissal, the suspect unlawfully signed customs clearance documents for a forklift. An arrest warrant was issued before the individual was detained to assist with ongoing inquiries. Limassol police continue to investigate the case.
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