The Police in Riyadh Have Foiled A Major Fraud Scheme That Involved Millions Of Fake US Dollars

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A major fraud operation by a gang of six who were offering SR40 million in exchange for fake US dollar bills has been foiled by the police in Riyadh.

The security services had planted secret agents and monitored the gang’s activities

The six suspects were arrested as they met at a a villa to the west of Riyadh to carry out the deal. 

Police arrested three Saudis, two Yemenis and one Eritrean.

Also, the SR40 million in the four boxes turned out to only have 500 riyal notes distributed on the top of empty paper stacks which were wrapped up to resemble bank notes.

In fact, the actual amount seized turned out to be just SR12,000.

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