Alpha News

Two-Year Prison Sentence for 27-Year-Old for Online Fraud

Published February 13, 2026, 14:28

A 27-year-old man has been sentenced to two years in prison by the Larnaca Provincial Court for online fraud. The case involved the deception of a company in Larnaca, which sent €10,000 for the purchase of building materials to a company in Limassol. The perpetrators, through a false email, managed to change the bank account to which the money was transferred, and thus misappropriated the amount. Following a complaint from the company in Larnaca in June 2023, police launched an investigation that led to an arrest warrant and the arrest of the 27-year-old in July 2025. The investigations by the Larnaca TAE revealed that the perpetrators had illegally intervened in the electronic communication between the two companies and used a false email to mislead the company in Larnaca regarding the bank account details. This allowed them to misappropriate the money, which ended up in an account belonging to the perpetrators. After the completion of the police investigations, the case was filed with the Larnaca Provincial Court for trial. The court, having examined the evidence and testimony presented by the prosecuting authority, found the 27-year-old guilty of obtaining goods by false pretenses and money laundering. The 27-year-old was sentenced to 12 months imprisonment for fraud and 24 months for money laundering, with the sentences to be served concurrently. This case highlights the growing threat of online fraud and the need for vigilance when conducting financial transactions online.