The Public Prosecution claims that a Saudi national was detained in Riyadh on suspicion of financial fraud offenses.
The Public Prosecution’s money Fraud division has started looking into the citizen’s alleged money fraud offenses. He was accused of posing as someone else, unlawfully occupying several houses in Riyadh, and scamming one of the victims out of SR69 million after promising him investments and business alliances.
A general criminal action was filed against the apprehended individual, who was then referred to the appropriate court. The Public Prosecution begged the court to impose severe punishments on him.
The Public Prosecution reiterated how important it is for money and real estate assets to be protected by the law. It issued a warning, saying that anyone who dares to financially defraud others and obtain their money illegally will face criminal charges.
The Public Prosecution’s Financial Fraud division has now started looking into the citizen’s alleged financial fraud offenses. He was charged with assuming false identities, unlawfully occupying several houses in Riyadh, and scamming one of the victims out of SR69 million after promising him investments and business alliances.
Also Read:
Almost 100,000 German Workers Participated in the Volkswagen Strikes: Union
