A 29-year-old man from Austria arrested in Cyprus on Wednesday is believed to be a member of an international criminal organization which obtained millions of euros through a cryptocurrency fraud.
This is what Philenews reports, adding that the arrest came after a coordinated operation involving Austria and the Czech Republic along with Europol and Eurojust (European Union Agency for Criminal Justice Cooperation).
Insiders said this is a serious case involving many individuals in various countries targeted and tracked down by Europol after months of investigations.
By Wednesday afternoon, two more people had been arrested in Austria and the Czech Republic in addition to the one in Cyprus. Because of the ongoing investigations, European services have not provided many details of the case.
As for the 29-year-old Austrian, he was arrested in his apartment – also used as an office – in coastal Larnaca. He was subject to an arrest warrant from the Austrian authorities for the offences of fraud, participation in a criminal organisation and money laundering.
Evidence related to his professional activity, such as computers and documents, was seized from his apartment and will be sent back to Austria.
After his arrest, the young man was brought before the Larnaca District Court which allowed for the suspect’s extradition to Austria. The Court also ordered his detention until he is handed over to Austrian authorities.
Credit: Source link