This is the first time something like this has happened with such a large amount. “This indicates a change in the attitude of the authorities, who are no longer waiting for the verdict of the court,” explains Phileleftheros.

The criminal court of Paphos is holding hearings on charges of three people in a series of burglaries. Simultaneously with the trial, MOKAS received a court order for the seizure of movable and immovable property belonging to or found in two of the three defendants.

What exactly was seized? An apartment, valuables and cash in the amount of 870 thousand euros. The seized movable and immovable property is “frozen”. If the criminal court of Paphos finds the defendants guilty, the state will demand the confiscation of the “frozen” property.

Other cases

MOKAS seized from the defendant in the drug trafficking case and then confiscated movable and immovable property that had been acquired as a result of money laundering.

In the case of digital fraud, the Anti-money laundering department seized a crypto currency worth more than 90,000 euros, which was transferred to a crypto wallet controlled by the police of the Republic of Cyprus.

The Cypriot police and MOKAS discovered and confiscated 115,000 euros that were deposited in an online bank in Lithuania. The money belonged to a Cypriot citizen who became a victim of online scams.

The Cypriot authorities have withdrawn 200,000 euros from an account in one of the banks in Spain. The money was obtained illegally and belongs to the victim of digital fraud, who is a citizen of Cyprus.

Photo: Alexas_Fotos

A source:  evropakipr.com