Morocco police arrest three in Fez over fake real estate investment scheme
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Police in Fez arrested three men aged 20 to 22 accused of running an online scam that promised victims shares in Moroccan real estate companies, seizing nine bank cards, four phones and a motorcycle.
Police in Fez arrested three men aged 20 to 22 on Tuesday over their suspected involvement in an online investment scam that targeted victims through social media, according to Hespress.
The suspects allegedly persuaded people to hand over money by promising to invest it in shares of Moroccan real estate companies, police said.
An investigation helped identify the three suspects, who were arrested with a motorcycle allegedly used to facilitate the scam and some of the money suspected to have come from the activity.
Police also seized nine bank cards and four mobile phones believed to contain digital evidence linked to the alleged fraud.
The suspects remain in police custody as part of an investigation supervised by the public prosecutor's office to establish the circumstances of the case and identify any other suspected criminal activity.