financial fraud

Abu Dhabi: A 16-member has been arrested for allegedly defrauding people and smuggling cash abroad, a police official said.

“The suspects, 8 illegal Yemenis and 8 residents including 3 Pakistanis, used social media to seek financial assistance and smuggle cash outside the Saudi Arabia,” said Major Khaled Al Kreidis, spokesperson of the Riyadh Police.

They were arrested in an apartment in Riyadh with SR786,195, a number of mobile phones, a money counting machine and a counterfeit currency detector in their possession, police said.

The suspects were held in custody pending moving to the Public Prosecution for trial, police said.