2 Days
Source:
بوابة الشروق
Interior Ministry detains 4 over 30M fraud
The competent authorities in the Public Funds Crimes and Organized Crime Control Sector have taken legal measures against four individuals involved in money laundering activities amounting to approximately 30 million Egyptian pounds. This was carried out through a fraudulent activity involving the sending of text messages containing malicious links that redirected to fake websites resembling government entities, in order to steal banking data and seize victims' funds, which were then used for overseas purchases. Additionally, the suspects attempted to conceal the source of the money by establishing companies and purchasing real estate, vehicles, and jewelry, with the aim of legitimizing their proceeds.
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