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Bank of Cyprus Warns of Fake Profiles on Threads

Published December 31, 2025, 11:17
Bank of Cyprus Warns of Fake Profiles on Threads

The Bank of Cyprus has issued a warning to the public regarding the appearance of fake profiles on the social media platform Threads. These profiles are using the name and photograph of the CEO, Panikos Nikolaou, and are falsely offering investment advice or promoting investment opportunities. The bank assures that the CEO does not provide investment advice through social networks, and that it never requests personal data or money through these platforms. Any post or communication not originating from the bank's official channels is considered misleading. The Bank of Cyprus urges the public to ignore and not interact with these fake profiles, to refrain from making any financial transactions or sharing personal information, and to immediately report the profiles to the platform. It also advises citizens to always verify any information through the bank's official channels. The bank has already taken the necessary steps with the relevant platforms and prioritizes the protection of customers and the public from fraudulent activities. This warning is issued to prevent deceptive practices and ensure user safety.