The ministry arrested 64 individuals impersonating investment firms and engaging in fraud.

The ministry arrested 64 Individuals for investment fraud.

The Economic and Cyber Crimes Combating Department has effectively apprehended 64 individuals of different nationalities engaged in fraudulent activities. These individuals were masquerading as investment firms and setting up fake businesses to unlawfully collect substantial funds, with the intention of moving the money out of the country.

After being confronted, the suspects confessed to the charges brought against them. Officials found 4 million Qatari Riyals, as well as various foreign currencies and electronic devices used in their fraudulent schemes, in their possession. Following this, the arrested individuals and the seized items were transferred to the Public Prosecution to begin the required legal processes.