Kuwait sees an alarming rise in fraud cases

• Over 10,000 fraud cases have been filed in Kuwaiti courts in the past three years.

• Real estate fraud tops the list, followed by fake investment scams and luxury car scams.

A surge in fraud cases has been plaguing Kuwaiti courts over the past three years. An alarming trend, it has raised concerns among authorities and highlighted the need for increased vigilance among the public.

An informed source speaking to Al-Qabas newspaper reported that the number of fraud cases reaching courts and pending judgment has reached as high as 10 per day. All these cases involve crimes of fraud and deception.

This trend indicates a rise in perpetrators of such crimes despite ongoing campaigns aimed at deterring them and warning the public against their tactics.

The source revealed that over 10,000 individuals, both citizens and residents of Kuwait, have fallen victim to fraud schemes in the past three years. Cases have been filed against the perpetrators.

Real estate fraud tops the list of these scams. Fake investment schemes, both within and outside Kuwait, come in second. Luxury car scams have also ensnared a significant number of victims – over 500 in the past three years.

Despite the growing number of victims and widespread awareness of these scams, individuals continue to fall prey to the perpetrators’ cunning tactics.

The source attributes this to the professionalism of fraudsters and their ability to devise new methods that exploit the trust of their victims. These criminals often employ seemingly legitimate approaches and legal jargon, deceiving their targets into believing their authenticity.