Real estate fraud
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KUWAIT CITY, Sept 9: The Criminal Court has adjourned to October 5 a case filed against the company belonging to a former MP and a merchant who were accused of collecting KD 188 million from 1,500 individuals. The case has been adjourned because one of the defendants has been infected with COVID- 19.
According to the case file, the suspects collected the aforementioned sum from 1,500 individuals by deceiving them about bogus real estate investments in Makkah and Madina in Saudi Arabia, as well as some chalets in Subbiah and Nuwaiseeb areas in Kuwait. The plaintiff counsel affirmed that the country lost almost KD 14 million in form of tax payable to government coffers.
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