11:29 PM Monday, September 25, 2023
Kafr El-Sheikh – Islam Ammar:
On Monday, the Dessouk Prosecution Office in Kafr El-Sheikh ordered the detention of a defendant for 4 days pending investigation into the incident of deluding citizens into investing their money in the gold trade, in partnership with 3 others, provided that his renewal is taken into account within the legal deadline.
The prosecution also ordered the arrest and production of the other three defendants in the case, and presented them to the prosecution for questioning about the incident.
The Dessouk Prosecutor’s Office had begun its investigations with the accused who was arrested, and ordered his detention, provided that it requested investigations into the incident and its circumstances and circumstances in order to reach its truth, and to explain the role of each of the four accused in committing the incident, and to explain the fraudulent ways and means committed by them.
The details go back to when the security services in the Kafr El-Sheikh Security Directorate received several reports from many citizens, exceeding 20 reports to the Bandar Desouk Police Department against “Mohamed.S.A.,” “Sameh.S.A.”, and “ Ahmed M.S.A. and Hussein M.S.A., gold merchants, and officials of one of the goldsmiths’ shops in the city of Desouq accuse them of defrauding them by unlawfully seizing their money.
The citizens revealed in their complaints against the four defendants that they seized their money by tricking them into trading gold jewelry in exchange for monthly profits. After that, they were surprised that the defendants did not comply with the estimated profits, and when they asked to recover their money, the defendants refused to return it to them.
According to the Public Prosecution’s decision, the investigations of Major Muhammad Abu Hatab, Chief of Investigations at the Bandar Desouk Police Department, resulted in the formation of the four aforementioned defendants in a gang to receive money from whistleblowers and other citizens who did not report in the hope of recovering their money through amicable means to operate it and employ it for themselves in the field of gold jewelry trade. In exchange for a monthly interest ranging from 3.5 to 5%, according to this, he committed to paying these interests to citizens several times, and after that he abstained and refused to return the original amounts seized.
One of the defendants, Sameh M.S.A., was arrested and a detention order was issued against him, while the rest of the defendants are being arrested in preparation for presenting them to the Public Prosecution to complete the investigations.
The necessary legal measures were taken, and the Public Prosecution was notified to initiate investigations, and subsequently issued its previous decision and is continuing its investigations into the incident.
In this context, Mustafa Mahmoud, the victims’ lawyer, confirmed to “Masrawy” that the total amount of money that was monitored, obtained by the accused from the victims, amounts to about 500 million pounds, in addition to other funds that were not monitored from other victims who refused to file reports.
The victims’ lawyer said that the investigations, according to their investigations, proved the veracity of the incident and the defendants’ receipt of the victims’ money after the defendants accused them of not complying with the interest entitlement and refusing to return the sums of money to them.
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They collected 500 million pounds.. 4 gold merchants were accused of fraud in Kafr El-Sheikh
2023-09-25 20:29:00
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