“The man, posing as a Saudi businessman, convinced the woman to invest in a business venture while guaranteeing great profit. The woman then withdrew the money from bank and handed the cash over to the impostor, who then vanished,” said Lt. Nawaf Al-Bouq, spokesman for Jeddah police.
“The woman’s legal guardian discovered that all of the business papers were forgeries and that she was a victim of a scam. He reported the crime to the police,” said Lt. Al-Bouq. Jeddah police has issued a warrant for the fraudster’s arrest.
Al-Bouq warned people involved in business transactions to be careful not to fall for such investment scams.
Police recently arrested a man in his 40s for writing two fraudulent checks worth SR178,000 to a business owner in Jeddah's Sharafiah district.
“When the business owner went to the bank to withdraw the cash, he was told that the checks had bounced. He immediately contacted police, who arrested the man,” said Al-Bouq.
"People cannot just trust checks at face value, they have to be verified by the bank. Those who write checks without having a balance to cover it will face prosecution.”
Meanwhile, a 16-year-old boy was arrested and sent to Jeddah’s juvenile delinquency center for attempting to steal valuable items from a car in Al-Safah district in northern Jeddah.
According to the police, the juvenile broke the car window and stole what was inside before police were able to apprehend him.
