01/04/2025
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01/04/2025
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KUWAIT CITY, April 2: An Iranian expatriate under investigation by Hawalli detectives has denied charges of fraud, despite acknowledging receipt of KD 13,000 from a Kuwaiti citizen. He claimed the funds were part of a failed investment partnership, which had previously paid the complainant profits totaling KD 3,500.
Case Background
The incident came to light after a 66-year-old Kuwaiti national filed a report at Hawalli Police Station, accusing an Iranian expatriate, Ahmed Shaker, of fraud. According to the complaint, the victim had issued three checks worth KD 10,000 to the defendant for a local market investment in Kuwait.
Defendant’s Statement
A security source revealed that the suspect voluntarily attended questioning, where he admitted to an existing investment contract with the complainant. He stated that he had been making regular payments—KD 2,300 in cash installments and KD 1,200 via digital transfers—but recent financial and operational challenges caused delays. He insisted there was no intent to defraud.
Investigation Findings
After thorough inquiries, detectives reported: "Further investigation did not establish conclusive evidence of fraud. As the matter remains unresolved, the case file has been forwarded to the Public Prosecution for legal determination."
