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Egg Swindler receives a decade in prison
The Economic Court sentenced Ayman Hamed Suleiman, known as "The Egg and Farm Swindler," to 10 years in prison and a fine of 3 million Egyptian pounds for embezzling citizens' funds in a case related to fraud and deception. Investigations revealed that the defendant seized depositors' money claiming to invest it in fake projects. His companies are newly established and do not engage in any real activity, and he has also failed to submit tax declarations. The authorities also decided to seize his assets, as well as those of his wife and children, and prevent them from disposing of them. Prosecutors have requested an interim civil compensation of 750,000 Egyptian pounds.
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