KUWAIT CITY, July 23:New real estate fraud and swindling cases have emerged and the value ranges from KD 100 million to KD 200 million, reports Al-Qabas daily quoting sources. Sources revealed the courts set the final sums, indicating that more than 1,000 citizens have been affected as per the initial information obtained by the daily.
According to sources, these new cases are related to the purchase and investment contracts for chalets, especially in Khairan, Nuwaiseeb, Zour and Doha. Sources pointed out these contracts are fake and many citizens have become victims. Sources added social media celebrities are among the victims as they helped companies advertise chalets only to find out later that there are a lot of problems and irregularities in such deals.
By Jaber Al-Hamoud
Al-Seyassah Staff and Agencies