Riyadh Police have arrested nine expatriates over their alleged involvement in an organized financial fraud network linked to criminals operating outside Saudi Arabia.
According to Saudi security authorities, the suspects are residents of Yemeni and Sudanese nationalities.
The group allegedly used victims’ personal and financial information to make unauthorized purchases through online stores.
Gold Bars and Electronic Devices Purchased
Investigators said the suspects used the stolen financial information to purchase gold bars and electronic devices online.
The items were later sold or shipped, while the proceeds were allegedly transferred outside Saudi Arabia through illegal channels.
Authorities said the operation formed part of an organized financial fraud network connected to individuals operating from outside the Kingdom.
Police Seize Phones, Bank Cards and Cash
During the operation, police seized several items linked to the alleged fraud activities.
The seized items included:
- 30 mobile phones
- One iPad
- 35 bank cards
- SAR 25,965 in cash
- A number of gold bars
Authorities said the value of illegal financial transfers connected to the network exceeded SAR 200,000.
Suspects Referred to Public Prosecution
Police arrested all nine suspects and completed the required legal procedures against them.
The suspects were subsequently referred to the Public Prosecution for further legal action.
Saudi authorities regularly investigate financial fraud cases involving stolen banking information, unauthorized transactions and illegal transfers.
Residents are advised to protect their banking information and avoid sharing verification codes, account details or other sensitive financial information with unknown individuals.
