The Criminal Investigation and Research Department of the Riyadh Police dismantled a network of fraudsters comprising 6 Bangladeshi residents and 3 citizens, for committing criminal offenses involving the creation of fake links to a government agency and claiming to provide government services.
This comes as part of the Public Security efforts to combat financial fraud and all types of crime, and the involvement of the perpetrators in a criminal gang outside the Kingdom that succeeded in luring their victims and seizing about 393,900 riyals through the execution of 33 incidents in various regions of the Kingdom. All the tools of the crime were seized from them, and they were arrested and the legal procedures were taken against them, and they were referred to the Public Prosecution.
The Public Prosecution had previously stressed the prohibition of financial fraud in all its forms and manifestations, explaining that the Anti-Financial Fraud and Breach of Trust Law stipulates severe penalties in the event of any of them being committed.
The Public Prosecution stated: “Anyone who takes another person’s money unlawfully by committing one or more acts involving the use of any fraudulent methods, including lying, deception, or misrepresentation, shall be punished, in accordance with the Anti-Financial Fraud and Breach of Trust Law, with imprisonment for up to seven years and a fine of up to five million riyals, or with one of these two penalties.”
Lawyer and legal consultant Majid Al-Ahmari revealed that the Anti-Financial Fraud and Breach of Trust Law stipulates in its articles deterrent penalties against anyone who unlawfully appropriates another person's money by committing an act (or more) involving the use of any fraudulent methods, including lying, deception, or illusion. The law stipulates a penalty of imprisonment for a period not exceeding (seven) years, and a fine not exceeding (five) million riyals, or one of these two penalties, for anyone who commits such acts. It also stipulates that anyone who incites another to commit any of the crimes stipulated in this law, or agrees with him, or assists him, shall be punished if the crime is committed based on this incitement, agreement, or assistance, with a penalty not exceeding the maximum penalty prescribed for it. If the original crime is not committed, he shall be punished with a penalty not exceeding half of the maximum penalty prescribed for it. And anyone who attempts to commit any of the crimes stipulated in this law shall be punished with a penalty not exceeding half of the maximum penalty prescribed for the completed crime.
Legal expert Al-Ahmari explained that the system addressed the commission of the crime of financial fraud through a gang, and stipulated that the penalties imposed shall not be less than half of its maximum limit and shall not exceed double it, if the crime was committed through an organized gang, or in the case of recidivism.
Legal expert Al-Ahmari explained that Article Six stipulated that, without prejudice to the rights of third parties acting in good faith, the tools and equipment used in committing any of the crimes stipulated in this system, as well as the proceeds obtained from committing them, shall be confiscated by judicial decree.
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