فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
As part of Fes News‘ international news coverage, the Egyptian Ministry of Interior announced last Monday the dismantling of an online fraud network that swindled nearly 2 million Egyptian pounds (approximately $39,000) from citizens by luring them into investing through a digital platform called “FBC.”
According to the ministry’s statement, security agencies received over 100 complaints within three days from victims who reported being scammed by the platform. The scammers claimed to invest their funds in software development and digital marketing before abruptly shutting down the platform and disappearing with the investors’ money.
Investigations revealed an organized network led by three foreign nationals residing in Egypt, with links to external entities. The group established a company in Cairo to deceive victims, employing 11 additional individuals to promote the platform on social media in exchange for commissions.
The perpetrators also used phone lines registered under fake identities to activate digital wallets, through which they received and transferred funds before shutting down the platform and the company’s headquarters.
The case has sparked widespread debate on social media in Egypt, with calls for holding the culprits accountable and ensuring the victims’ funds are recovered.
Meanwhile, Egyptian authorities have warned citizens against engaging with unlicensed investment platforms, urging them to verify legal credentials before transferring money, as online fraud schemes targeting individual investors continue to rise.
source : fesnews media
