Saudi businessman exposed to a fraud of 2.5 million pounds in Egypt

Saudi Arabia: A Saudi businessman was subjected to fraud from an Arab resident in Cairo, with an amount of approximately 2.5 million Egyptian pounds.

Saudi Arabia: A Saudi businessman was subjected to fraud from an Arab resident in Cairo, with an amount of approximately 2.5 million Egyptian pounds.

The businessman filed an urgent complaint with the security authorities in Egypt.

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Dr. Fahd Al-Joufi, a Saudi businessman, had met the Arab resident and signed all the legal documents with him in order to start funding the amount in accordance with the Egyptian investment regulations, but he was surprised by the Arab resident’s disappearance from view, which prompted him to file a complaint immediately. According to the previous reports.

Dr. Fahd expressed his thanks and appreciation to the Saudi Embassy in Cairo, headed by the Ambassador of the Custodian of the Two Holy Mosques to Egypt, Mr. Osama Naqli and all the embassy’s employees and the great role it plays in protecting the Saudi citizen.

He stressed that the Egyptian embassy and the Egyptian State Security Service had begun investigations into a financial fraud that he was exposed to by a swindler residing in Cairo.

Al-Joufi added: “The Legal Protection Department of the Saudi Embassy in Cairo continues its work to reach the fraudster.”

Al-Joufi assigned his lawyer, Legal Counsel Nasser Hegazy, to invite the First Settlement Police, and the case was referred to the Public Prosecution, and report No. 12407, Administrative of the First Settlement Police Department, was completed to conduct the necessary investigations into the fraud and fraud.

And he continued: “The report is now a party to the head of the administrative records to present it to the department’s investigations to make the necessary investigations, and the embassy employees are grateful, headed by the ambassador of the Custodian of the Two Holy Mosques in Cairo, and a follow-up from the head of the legal department, His Excellency Counselor Magdy Mahfouz, addressed the National Security.”

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