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Ministry arrests 64 for investment fraud impersonation

Posted on September 24, 2023September 24, 2023 by

The Economic and Cyber Crimes Combating Department apprehended 64 individuals of diverse nationalities for engaging in fraudulent activities. They impersonated investment firms, creating counterfeit businesses to unlawfully collect substantial funds with the intention of moving the money abroad. The suspects confessed to the charges. Authorities seized 4 million Qatari Riyals, foreign currencies, and electronic devices linked to their fraudulent actions. The arrested individuals and confiscated items were subsequently transferred to the Public Prosecution for legal proceedings.

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