Jail term upheld for unlicensed investor who took BD80,000

The High Criminal Court of Appeal has upheld a five-year prison sentence and a BD100,000 fine against a Bahraini man convicted of running an unlicensed investment scheme. He has also been ordered to repay more than BD80,000 to nine victi

Editorial Team Legacy

Published 9 July 2025, 8:00 · Updated 18:13

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Jail term upheld for unlicensed investor who took BD80,000

TDT | Manama

Email: mail@newsofbahrain.com

The High Criminal Court of Appeal has upheld a five-year prison sentence and a BD100,000 fine against a Bahraini man convicted of running an unlicensed investment scheme.

He has also been ordered to repay more than BD80,000 to nine victims. The 30-year-old, employed as a sales representative, persuaded several individuals to hand over large sums in 2024.

He claimed the money would be invested in electronics and air-conditioning services.

Jail term upheld for unlicensed investor who took BD80,000

Editorial Team Legacy

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