Woman held for swindling 600 out of SR500 million

(MENAFN- Arab News) JEDDAH: Jeddah police have referred the case of a 25-year-old Saudi woman accused of swindling 600 residents and citizens out of nearly SR500 million to the Department of Economic Crimes at the Bureau of Investigation and Public Prosecution for investigation.
Sources at the Bureau said investigations are ongoing after the woman was questioned and held at the Women's Social House in Makkah while the statements of the victims of her fraudulent activities were being recorded.
The defendant is expected to provide her statements and information on how she managed to collect the large sum of money from various citizens said sources noting charges will be formally be leveled against her before she is summoned to the special legislative court. At the court all evidence collected by the police including blank checks with various forged signatures will be presented.
Jeddah police have been investigating the case over the past few months after receiving hundreds of complaints of fraud from citizens and residents against the woman.
A special police squad had been gathering information and looking into the circumstances and evidence of the case while victims of the defendant's fraudulent activities have filed a lawsuit against her in the General Court in Jeddah demanding she be arrested prevented from fleeing the country and made to pay back outstanding funds.
Jeddah police arrested the woman after she was accused of theft and fraud by using blank checks to swindle people out of millions of riyals and transferring funds to her personal account.