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Man wanted over €10m jewellery theft

Cyprus Mail · 2026-06-09

AI SUMMARY

• What happened: Police are searching for a 54-year-old man linked to a jewellery theft valued at nearly €10 million in Limassol, after the owner of a foreign jewellery company reported the incident. • Why it matters: The case raises concerns within the local business community about the risks associated with high-value transactions, particularly in the jewellery and luxury goods sectors. • What to watch next: Authorities are continuing their investigation and have secured a court warrant for the suspect's arrest, urging anyone with information to come forward.

**Man Wanted Over €10 Million Jewellery Theft in Limassol**

Limassol, Cyprus – Police are actively searching for a 54-year-old man in connection with a significant jewellery theft valued at nearly €10 million. The investigation began following a complaint lodged with the Limassol police on Tuesday.

According to the report, the owner of a foreign jewellery company stated that he had entrusted the suspect with jewellery worth €9.882 million for the purpose of selling it to potential buyers. The two individuals reportedly had a prior working relationship, which adds a layer of complexity to the case.

A meeting was scheduled for Monday evening, during which the suspect was expected to provide an update on the sales of the jewellery. However, he failed to attend the meeting and has since been unreachable, despite the victim's repeated attempts to contact him.

In response to the complaint, law enforcement officials have secured a court warrant for the arrest of the suspect. The police are urging anyone with information regarding the man's whereabouts to come forward as they continue their investigation.

The case has raised concerns within the local business community, particularly among those in the jewellery and luxury goods sectors, highlighting the potential risks associated with high-value transactions. Police are working diligently to resolve the matter and recover the stolen items.

As the investigation unfolds, authorities are emphasizing the importance of vigilance and caution in business dealings, especially when large sums of money or valuable assets are involved.

Source: Cyprus Mail
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