Riyadh: Those who stole money from the bank accounts of Saudi citizens and expatriates have been arrested. The Saudi Arabian Public Prosecution has opened an investigation against 11 people who were arrested for forming a criminal gang to commit fraud and impersonating bank employees.
The Public Prosecution said that the financial fraud case was being investigated and it was found that the 11 accused had used the rented house for their illegal activities. The Public Prosecution said the accused were arrested as they were found to be involved in serious crimes. The public prosecution explained that the alleged gang members communicated with the victims by impersonating bank employees.
The fraudsters would send fake messages to victims’ phones claiming that banking services were disrupted and ATM cards disabled, and the fraudsters would ask victims to provide confidential information and numbers to reactivate the ATM cards. After tricking victims into providing passwords, gang members often access their bank accounts and steal money.
Investigators found that the accused asked the victims to provide secret codes to access banking services and government services on the Absher platform.
The Public Prosecution warned that awareness should be raised in the society about the methods of financial fraud and that everyone should be vigilant. Protect personal information and do not share information except through authorized channels, the warning said.