Financial Fraud Cybercrimes Punished With 3 Years In Jail And SR2 Million Fine
Category:
Crime News
According to the Public Prosecution, those who commit financial fraud through the internet face a maximum jail term of three years and a fine of up to SR2 million.
Public Prosecution warned against creating or sending fake links, texts, or electronic messages that impersonate government agencies, bodies, or financial or service institutions in order to obtain money or financial data from others.
Punitive measures will be taken against anyone who commits a cybercrime through the seizure or signing of movable assets or bonds by fraud, or impersonating an entity in any way.
11 Apr, 2022
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