Nearly 3.16 million held for residency, labor, border violations across KSA

Immediate penalties were imposed against 461,749 offenders. (SPA)
Updated 20 May 2019

Nearly 3.16 million held for residency, labor, border violations across KSA

  • The total number of violators being subjected to procedures is 12,741, including 11,103 men and 1,638 women

RIYADH: Nearly 3.16 million violators of residency, work and border security systems have been arrested in a year-long roundup, according to an official report.
Since the campaign began in November 2017, there have been 3,159,388 offenders, including 2,461,868 for violating residency regulations, 487,670 for labor violations and 209,850 for border violations, the Saudi Press Agency (SPA) reported.
The report said that 53,042 people were arrested while trying to cross the border into the Kingdom, 49 percent of whom were Yemeni citizens, 48 percent were Ethiopians and 3 percent were of other nationalities.
2,249 people were arrested for trying to cross the border into neighboring countries and 3,823 were arrested for involvement in transporting and harboring those violators. 1,299 Saudi citizens were arrested for harboring the violators against local laws, of which 35 are being detained, pending the completion of procedures.
The total number of violators being subjected to procedures is 12,741, including 11,103 men and 1,638 women.
Immediate penalties were imposed against 461,749 offenders; 422,442 were transferred to their respective diplomatic missions to obtain travel documents; 534,278 were transferred to complete their travel reservations; and 793,014 were deported.


Fraud alert over cryptocurrency falsely linked to Saudi Arabia

Updated 21 August 2019

Fraud alert over cryptocurrency falsely linked to Saudi Arabia

  • The website of a cryptocurrency company is promoting what it calls the CryptoRiyal and SmartRiyal
  • The Singapore-based company uses the Saudi emblem of two crossed swords and a palm tree

JEDDAH: Fraudsters are trying to lure victims into investing in a “virtual currency” with false claims that it is linked to the Saudi riyal and will be used to finance key projects, the Saudi Ministry of Finance warned on Tuesday.

The website of a cryptocurrency company in Singapore is promoting what it calls the CryptoRiyal and SmartRiyal, using the Saudi emblem of two crossed swords and a palm tree. Its “ultimate goal” is to finance NEOM, the smart city and tourist destination being built in the north of the Kingdom, the company claims.

“Any use of the KSA name, national currency or national emblem by any entity for virtual or digital currencies marketing will be subject to legal action by the competent authorities in the Kingdom,” the ministry said on Tuesday.

The fraudsters were exploiting ignorance of how virtual currencies work, cryptocurrency expert Dr. Assad Rizq told Arab News.

“A lot of tricks can be played,” he said. “Some of these companies are not regulated, they have no assets, and even their prospectus is sometimes copied from other projects.

“They hype and pump their project so the price goes up. Inexpert investors, afraid of missing out, jump in, which spikes the price even higher. Then the owners sell up and make tons of money.

“Cryptocurrencies are a risky investment for two reasons. First, the sector is not yet fully regulated and a lot of projects use fake names and identities, such as countries’ names or flags, to manipulate investors.

“Second, you have to do your homework, learn about the technology. And if you still want to invest, consider your country’s rules and regulations.”