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بوابة أخبار اليوم
Appeal Filed for FBC Platform Case Sentences
Tomorrow, the Cairo Economic Court of Appeals will hold a session to appeal the defendants in the FBC platform case. The Court of Criminal Matters sentenced them to five years in prison and fined them 10 million Egyptian pounds, after being convicted of fraud and misappropriating over 15.9 million Egyptian pounds from citizens by operating a fake investment platform that promoted enticing return opportunities. The platform was used as a cover by a gang led by foreign elements, who created online groups to lure victims, supported by technical evidence and testimonies proving their illegal activities. Additionally, procedures were taken to track the defendants' funds and freeze their electronic wallets.
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