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Alleged ‘owner’ of investment firm cheats KOC employee of KD 43,000 Citizen attempts to molest female compatriot

KUWAIT CITY, July 15: A Kuwaiti citizen tried to molest a female compatriot on the stairway of their building in Salaam area. The suspect is said to have escaped on foot while the lady shouted for help.
A security source said the victim (Kuwaiti lady) was going back to her flat at a house in Salaam area and was surprised when suddenly the Kuwaiti man with whom she only had a platonic relationship held her by the hand, pushed her to the wall, and tried to fondle her, noting the suspect even tried to remove her clothes but she shouted for help, and he escaped on foot. The source said the lady went to Salaam police station in tears and filed a case against the suspect. She provided his details to policemen, and investigation is ongoing to arrest him.
 
KD 43,000 swindled: A Kuwaiti working for the Kuwait Oil Company has filed a complaint with the police accusing an unidentified person of swindling him to the tune of KD 43,000, reports Al-Anba daily.
The victim said the man owns an investment company and he promised him quick returns but neither the returns came nor the principal amount. Meanwhile, police are looking for two Kuwaitis for betrayal of trust and swindling scores of people, reports Al-Shahed daily.
 
According to a security source one of the suspects is the brother of a former MP. The sources said both men opened an investment company which promised quick returns and lucrative commission of money deposited in the company. The company soon gained prominence and several people invested their money in the company although the minimum money that can be invested was KD 10,000. People were taken by shock when they found a lock on the door of the company and both men performing the disappearing act. Police records show the men have left for Saudi Arabia.
 
Wanted citizen held: Police have arrested a Kuwaiti who was wanted by the Sentences Enforcement Department for committing KD 250,000 financial fraud, reports Al-Shahed daily. The man has been referred to the authorities. The daily added, he was taken into custody in Mahboula.
 
Account closed: One of the Islamic banks in Kuwait has closed the account of a company which is known for promoting ‘Time share’ programs and issuing dud checks to customers for three times in a row, reports Al-Seyassah daily quoting knowledgeable sources. The sources added a number of citizens and expatriates are victims of fraud activities of the company in its program what is known as “Time share” offering time in spa resorts and hotels all over the world.
 
A ‘Timeshare’ is a property with a particular form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week and almost always the same time every year) in which they may use the property. Units may be on a partial ownership, lease, or “right to use” basis, in which the sharer holds no claim to ownership of the property.
 
Bootlegger arrested: The Ahmadi police, while on routine duty in Mahboula, have arrested an Asian man for bootlegging and seized from him 32 bottles of locally-manufactured booze, reports Al-Watan Arabic daily. According to security sources the suspects was standing at the corner of a building with bottles of booze filled in box next to him. When he saw the police he abandoned the booze and ran for his life, but the police chased and arrested him. The booze and the suspect have been referred to the authorities.
 
 By Mishal Al-Sanousi
Al-Seyassah Staff and Agencies

By: Mishal Al-Sanousi

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