Riyadh police dismantle fraud network of 9 expats, seize over SAR 200,000 in illicit transfers
Riyadh police have arrested nine expatriates linked to a cross-border fraud ring, seizing gold, cash, and electronics used in illegal money transfers.
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The Investigation and Criminal Search Department of Riyadh Police has dismantled a financial fraud network comprising nine expatriates of Yemeni and Sudanese nationalities. The suspects were linked to an organized crime group operating outside the Kingdom and exploited victims’ data to conduct online purchases and transfer illicit funds abroad.
Police revealed that the network used victims’ information to buy gold bars and mobile phones from online stores, then sold or shipped these items, transferring the proceeds out of Saudi Arabia through illegal channels.
Authorities seized 30 mobile phones, an iPad, 35 bank cards, SAR 25,965 in cash, and gold bars from the suspects at the time of arrest.
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The value of illicit financial transfers linked to the network exceeded SAR 200,000 before the Investigation and Criminal Search Department succeeded in apprehending the group.
Legal procedures have been taken against the accused, who have been referred to the Public Prosecution for further action.