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A non-profit sector development specialist told the story of a student who was swindled by locals to open a business register in his name in exchange for monthly profits, which ended up in debt. ‘amounting to 3 million riyals.
Nonprofit sustainability and development specialist Hamad Al-Kaltham said a high school student got to know two residents of a popular market in Riyadh, before they offered him to open a trade register in his name upon remitting him monthly profits of up to 5,000 riyals.
Al-Kaltham stressed, in an intervention with the program “Al-Rased” on the channel “Al-Ikhbariya”, that the student was in agreement and that things started to normalize, and during the first three months, he got the agreed benefits. on herThen it was discovered that the residents made huge transfers in their favor by exploiting the commercial register.
He noted that security authorities had received reports from people that they had been victimized in favor of this business account because they had been offered to transfer money. for them In return for monthly benefits, he pointed out that the cases continued to come to the student and that his mother had fallen ill.
Video | Two residents defrauded high school student worth 3 million riyals due to business record #to watch pic.twitter.com/bYhhUTzviR
– The monitor (@alraasd) August 12, 2021
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