Cyprus Times

Bank of Cyprus Warns of Fake Profiles on Social Media

Published December 31, 2025, 10:11
Bank of Cyprus Warns of Fake Profiles on Social Media

The Bank of Cyprus is alerting the public to the emergence of fake profiles on the Threads social media platform, which are using the name and photo of its CEO, Panikos Nikolaou. These profiles falsely present Mr. Nikolaou as offering investment advice or promoting investment opportunities. The Bank assures that the CEO does not provide investment advice through social networks and that it never requests personal data or money through these platforms. It urges the public to ignore and report the fake profiles, and to always verify any information through the Bank's official channels. Necessary actions have already been taken towards the relevant platforms to address the issue.