Greek Cypriot woman loses €120,000 to two men who threatened to release her nude video

Two Greek Cypriot men are in police net after they were arrested for extorting about €120,000 from a woman in Nicosia over a five year period, threatening to release a  nude tape of her if she doesn't cooperate.

The two men were arrested on Monday after the woman reported the case to the police and were remanded in custody for eight days. 

Another suspect, a Greek national is also being sought in connection with the same case, but is believed to have already left the island.

According to the woman, her problems started five years ago when she was friendly with one of the two suspects. 

He and the other suspect under various pretexts started to extort money from her. At some point, they said they had a video of her that they would leak.

At a later stage they said that one of the two had cancer and needed money for tests and medical care, persuading her to give more money. In total, the victim said she had given them €120,000.

Police are treating the matter as a case of extortion, seeking to obtain property with threats and blackmail and money laundering among other.

The two suspects are expected to be questioned while the bank accounts of the woman and the two suspects will be opened to determine whether transactions match her version of the events.