Financial scammer often poses as relative or bank employee, lawyer warns
Saudi lawyer Musab Al-Eidi says fraudsters typically claim to be relatives or bank staff to deceive victims and steal their money.
Key Takeaways
AISaudi lawyer Musab Al-Eidi has said that financial fraud involves unlawfully seizing others’ money through deception, lies, or false pretenses.
Speaking in an interview with Al Arabiya FM, Al-Eidi explained that such crimes are fundamentally based on trickery and understanding the victim, as scammers seek to identify the victim’s needs and vulnerabilities.
He added that fraudsters adapt their methods depending on time and place, but their main goal is always to ensnare the victim. Common tactics include pretending to be a bank employee, an official from an institution, or even a relative.
Al-Eidi stressed that if someone falls victim to fraud, they should immediately report the incident to their bank to minimize the impact before the scammer can transfer funds out of the country. He cited a recent case in which a scammer contacted a victim, claimed to be sending money, obtained the victim’s bank account number, and then used it to transfer illicit funds.
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