RIYADH: Two foreign nationals found guilty of financial fraud were each sentenced to 15 years in prison and fined SR1.5 million ($400,000). They accumulated more than SR22 million from 177 crimes for which they were convicted guilty.
The Saudi Press Agency said on Tuesday that investigations showed the two were involved in a fraud scheme that targeted individuals both inside and outside the Kingdom. They set up call centres in various parts of the nation, from which they pretended to be government representatives and made contact with victims.
Tablets, SIM cards, two sophisticated telecom devices for making phoney calls, and a control device that oversaw the entire operation were found during a search of their home.
One person received an SR1 million fine, while the other received an SR500,000 fine. Following the completion of their sentences, the court additionally mandated that their illicit gains be confiscated and that they be deported. In order to refund the money to the victims, Public Prosecution officials worked to track down the illegal monies and freeze them.
As measures to prevent financial fraud are a major priority to help preserve the assets of people and residents, the Public Prosecution stated that it is still dedicated to investigating such crimes and punishing anyone found to be involved in them.
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