Saudi Gazette report

RIYADH — A Saudi special court sentenced six Saudi citizens to five years in prison each and SR50,000 in fines after being convicted of violating the Penal Law of Money Counterfeit.

The Economic Crimes Wing under the Public Prosecution has completed investigations into the charges against the citizens accused of violating the Criminal Law on Counterfeiting and Imitation of Money and the Law for Combating Financial Fraud and Breach of Trust. It was revealed in the investigations that one of the defendants had requested counterfeit money, amounting to SR100,000 from a website that was operating from outside the Kingdom. This suspect had used counterfeit banknotes and circulated them together with other Saudis, and was involved in financial fraud by earning wealth through using the counterfeit banknotes.

The accused were arrested and referred to the specialized court, which pronounced the verdict after the trial procedures. The Public Prosecution reiterated that it would exert its maximum efforts to protect the currency and preserve it from tampering and counterfeiting, as well as to prevent anyone who tries to tamper with it and misuse it. It emphasized that all legal measures will be taken to protect members of the society and preserve their rights while dealing with their financial transactions.