Investment scammer extradited to Bahrain

TDT | Manama

Email: mail@newsofbahrain.com

An Asian national sentenced in absentia to 10 years for running an unlicensed investment scheme has been returned to Bahrain after an international arrest warrant was enforced by the Public Prosecution.

He had left the country following the verdict, but was eventually detained abroad and handed over to Bahraini authorities.

The extradition was arranged through coordination with the Ministry of Interior’s Directorate of International Affairs and Interpol.

The man was among several defendants found guilty of receiving money from victims on the promise of investment, despite lacking authorisation from the relevant bodies. The court ordered prison terms of a decade each, fines of BD100,000 per person, repayment of the sums taken, and seizure of the proceeds.

Arrest warrants

Following the convictions, the men left the country. Arrest warrants were issued and shared internationally.

One of them was tracked down and delivered into Bahraini custody.

He has since been referred to the Public Prosecution, which began steps to carry out the court ruling.

He is now being held at the Reform and Rehabilitation Centre to serve his sentence.