Belgium extradites suspect to Cyprus in Limassol fraud and money laundering case

Limassol, Cyprus. A 53-year-old man extradited from Belgium to Cyprus was re-arrested on arrival in connection with a fraud and money laundering investigation, police said on Friday. He was arrested in Belgium in April under a European arrest warrant issued by Cypriot authorities.

Company payment diverted

According to police, a Limassol-based company was defrauded in November 2017 after it ordered products from another company in Europe and paid more than €65,000 for the goods.

Police said that following what was described as a breach of communications, the money was sent to a foreign bank account.

Investigation continues

Investigations by Cypriot police led authorities to believe that the 53-year-old may bear criminal liability in the case.

He is expected to appear before Limassol district court on Friday. The investigation is ongoing.