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Bahraini man jailed over $700,000 Chinese con

The businessman reportedly took the money in July, 2012 as part of a $3 million (BD1.1m) deal for engine oil

A Bahraini businessman has been sentenced to two years in jail for fraud after he was found guilty of conning a Chinese company out of $700,000, it was reported.

The 28-year-old reportedly took the money in July, 2012 as part of a $3 million (BD1.1m) deal to provide the foreign company with five tonnes of engine oil.

However, the deal never eventuated with the man claiming that the company was refusing to deliver the rest of the agreed amount, Gulf Daily News reported.

The newspaper said that after his arrest he wrote a cheque for $700,000 and handed it to police, but it bounced.

Initially acquitted of fraud by the Lower Criminal Court last month, the ruling was overturned by the High Criminal Court on Monday after prosecutors lodged an appeal.

A warrant was issued for his arrest.

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