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Channel: Saudi Gazette - Kingdom
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Investor arrested for defrauding partners

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MAKKAH — Police were successful in apprehending a Saudi investor for evading repayment of money he collected from other investors. He had collected more than SR600 million promising to invest it in stocks and real estate. The administrative court issued summons to apprehend the 53-year-old offender after he failed to abide by an earlier order to repay his

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