Saudi Arabia’s Public Prosecution has revealed severe penalties for individuals involved in counterfeiting or imitating currency. According to the Criminal Law on Counterfeiting and Imitation of Money, those convicted could face up to 25 years in prison or a fine of up to 500,000 riyals.

Penalties for Counterfeiting

The new regulations impose harsh consequences for currency-related crimes. Individuals found guilty of counterfeiting or imitation can expect lengthy prison sentences and substantial financial penalties.

Legal Framework

The Criminal Law on Counterfeiting and Imitation of Money outlines these penalties to deter such illegal activities. This law aims to safeguard the integrity of Saudi Arabia’s financial system and combat the impact of counterfeit money.

Public Awareness

Authorities are emphasizing the importance of public awareness regarding these legal measures. Citizens and businesses are urged to remain vigilant and report any suspicious activities related to currency counterfeiting.

Enforcement and Compliance

The Public Prosecution is committed to enforcing these laws rigorously. Enhanced measures are being implemented to detect and prevent counterfeit activities, ensuring compliance with the new regulations.

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