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Monday, March 2, 2026
B1 Intermediate ⚡ Cached
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Two Arrests in Limassol Embezzlement Cases

Limassol has two new embezzlement scandals. Police arrested an older accountant and a younger clerk. They are suspected of taking a lot of money from their jobs. The total lost money is over €338,000. Local police are investigating everything. These events make people worry about honesty in business.

The arrests happened last Saturday. This news made local businesses concerned. In the bigger case, a 61-year-old woman is accused of taking €303,560. Police think this happened for two years, from 2023 to 2025. A company review found the missing money. Then, a boss made a complaint.

Also, Limassol Police caught a 26-year-old man. He worked as a clerk at a betting shop. He is accused of taking €34,645. This amount is smaller. However, it is still a serious problem of broken trust. Police are looking at financial papers. They are getting more proof.

Both suspects were arrested in Limassol. They were going to court for early hearings. These hearings will decide what happens next. The court will decide if they stay in jail or can go home with bail. The quick arrests show police are working fast. They want to find the stolen money.

The ways the money was taken are different. The accountant knew a lot about money systems. She could change records. The clerk took less money. However, he also broke trust at work. Police are studying how this happened.

These cases remind us that companies can lose money from inside. The companies lose money. They can also lose their good name. The people who stole could face big punishments. Cypriot law has serious penalties for embezzlement. People in Limassol wait for news. They hope for a fair end.

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