A Saudi court sentenced two expatriates to 15 years in prison for their involvement in a large-scale financial fraud operation amassing over SR22 million.

Details of the Fraud Operations

The two expats were found guilty of conducting 177 fraudulent operations targeting individuals both inside and outside Saudi Arabia. Their scheme involved setting up centers across the kingdom to make fraudulent calls by posing as government representatives.

Severe Penalties Imposed

In addition to their 15-year prison sentences, the convicts were fined SR1 million and SR500,000, respectively. After serving their sentences, they will be deported from Saudi Arabia.

Tools and Devices Seized

Authorities seized key tools used in the fraudulent activities, including computer tablets, SIM cards, and advanced devices designed to carry out fraudulent calls and control the illegal operations.

Efforts to Recover Stolen Funds

Saudi public prosecution has implemented measures to trace the stolen financial assets and return them to their rightful owners.

Prosecution’s Efforts to Combat Financial Fraud

Saudi Arabia recently established a specialized prosecution branch dedicated to handling financial fraud cases to expedite procedures. Prosecutors have handled several major cases in recent months.

Other Recent Financial Fraud Cases

Saudi prosecutors have dealt with various other fraud cases in 2024, including one involving a man charged with forging cheques valued at $40 million and another involving the unlawful use of personal data for financial gain.

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