Egypt school owner detained over fraudulent loans
The Egyptian security authorities in Cairo have succeeded in arresting the owner of a private school in the Tagamoa Al-Awal area after he exploited parents' data to obtain educational loans in their names without their knowledge. Investigations confirmed that the school used images of the national ID cards of the parents stored in student files to process loans from a consumer finance company without their permission. The owner admitted to committing the crime during the investigation, and the Public Prosecution is still working to complete the investigation to determine legal responsibilities.
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