1 Day
Source:
اليوم السابع
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Suspect detained over resort unit claims
The Public Funds Crimes and Organized Crime Control Sector managed to arrest a resident of Cairo who had established an unlicensed company and claimed to be able to provide hotel units in resorts and tourist villages under a fractional ownership system. He exploited this to steal citizens' money through scams and fraud. They found with him incomplete real estate share sale contracts and promotional printed materials. He confessed to his criminal activity, and legal measures have been taken against him.
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