Millionaire fraudster jailed for a millennium

AFP
AFP
1 Min Read

CAIRO: An Egyptian man was sentenced to 1,000 years behind bars on Thursday after scamming hundreds of people out of LE 280 million (around $52 million), a court official said.

The Giza Criminal Court sentenced Abdullah Kamel Mohamed, 42, for cheating 480 people out of their money over several years.

He would promise people that he would invest their money for them and bring them good profits, but he would take the money and disappear, the source said. Over the years, he made about LE 280 million.

Mohamed was arrested in Cairo in November after a neighbor who had been conned recognized him and called the police.

The official did not say when Mohamed might be eligible for parole. -AFP

TAGGED:
Share This Article
By AFP
Follow:
AFP is a global news agency delivering fast, in-depth coverage of the events shaping our world from wars and conflicts to politics, sports, entertainment and the latest breakthroughs in health, science and technology.