A Limassol company lost €1.2 million in an online fraud scam, its 35-year-old owner told police on Monday.
The company is registered abroad but operates an office in Limassol. According to the owner, the business had entered into an agreement with an investment company.
Two transfers were made in November and December for €900,000 and €300,000, following instructions received via email.
The company later discovered fraudulent messages were sent, causing
