Employee reportedly steals a whooping 500,000 Euros from his boss in Lapta

A business operating in Lapta would be at risk of collapse after an employee reportedly stole a whooping 500,000 Euros from the business.

According to report, a 27-year-old man identified as SK who works at a business operating in Lapta, north Cyprus reportedly stole 21,849 dollars and 500,000 euros in cash kept in a safe, as well as various check leaves with a total of 33,000 euros issued in the name of his employer.

The incident, which was reported in the police bulletin on Saturday occurred on October 24.

The suspect has been arrested as police investigation continues.