Welcome to our guide of the BEST places to eat in Cyprus! We think one of the best things about travel is experiencing new cuisines and dishes, and w

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Welcome to our guide of the BEST places to eat in Cyprus! We think one of the best things about travel is experiencing new cuisines and dishes, and we're here ...

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Former co-op employee jailed for seven years for embezzling almost €700,000

Former co-op employee jailed for seven years for embezzling almost €700,000

A former co-op employee was sentenced to seven years in jail on Friday by the Nicosia criminal court after she was found guilty on 257 charges related to the embezzlement of almost €700,000 from the bank’s Kaimakli branch.

The 51-year-old woman admitted to charges related to forgery, circulation of fake documents and registration of false accounts for fraudulent purposes.

She was found guilty of embezzling €675,041 between 2008 and 2016.

The woman was arrested in 2017 following a complaint from a client of the co-op concerning suspicious movement of the accounts the defendant was overseeing.

The co-op paid back the stolen funds to the affected clients, but the woman did not return to the money she stole from the bank.

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