Smart wallet and iron cage combat fraud

The Egyptian Ministry of Interior has launched extensive efforts to apprehend electronic fraud brokers who exploit the digital space to commit online scams, such as creating fake pages, leaking banking card data, hacking digital wallets, and offering fake job opportunities or prizes requiring advance payments. Security forces have succeeded in dismantling experienced networks and arresting multiple criminal groups, recovering funds for the victims, and utilizing advanced techniques to identify criminals before their operations expand. These violations entail penalties of three years or more in prison, along with fines exceeding two hundred thousand Egyptian pounds, especially when managing fake websites or organizing criminal schemes. Security authorities continue their awareness campaigns to raise public consciousness about the importance of not sharing personal information, emphasizing that awareness is the primary shield to prevent digital scams.

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