The Saudi General Directorate of Security announced the dismantling of a financial fraud ring in the Riyadh region, resulting in the arrest of its members. The group consisted of nine residents holding Yemeni and Sudanese citizenships, who were linked to an organized criminal syndicate based outside the country.
According to a statement released by the General Security on its official X account on Friday evening, the Investigations and Criminal Research Department of the Riyadh Police successfully apprehended the individuals involved in the network. The security forces detailed that the group utilized stolen data belonging to victims to purchase gold bars and mobile phones through online stores. These items were subsequently sold or shipped, with the proceeds transferred abroad through illegal channels.
During the operation, authorities seized various items from the criminal gang. The confiscated goods included 30 mobile phones, one iPad, and 35 bank debit cards. Additionally, police recovered 25,965 riyals in cash and several gold bars.
The security directorate highlighted the scale of the illicit financial activities conducted by the network. The unauthorized money transfers executed by the group exceeded 200,000 riyals, which is approximately equivalent to 53,269 US dollars.
In conclusion, the General Security confirmed that the suspects have been detained and that all necessary legal procedures are being taken against them. The cases have been referred to the Public Prosecution for further action.
