KUWAIT CITY: A travel ban has been placed on 20 executives from a real estate company in Kuwait after they tricked 3,000 citizens and residents into investing in property outside of Kuwait, according to general counsel attorney Dhirar Al-Asousi.
The suspects, including various Arab nationals and a Kuwaiti woman believed to be the ‘owner’ of the company, convinced victims to pay as much as $100m for the property, reported Al-Jarida daily.
Judicial sources said the defendants are facing further investigation.
