Home Scam/Fraud The Ponzi scheme that duped war-affected Yemenis out of millions

The Ponzi scheme that duped war-affected Yemenis out of millions

1

Yemeni investors’ have accused Marwan Ahmed Hael Saeed of upending their lives after fleeing with their investments. Amid a seven-year war, they are struggling to prosecute Saeed, who is on the run.

Yemeni businessman, Masood Al Harazi’s wife has asthma and nasal polyps – abnormal growths inside her nasal cavity – which cause breathing difficulties. She needs urgent medical attention but survives on strong medication as money is tight. 

Before the Saudi bombing campaign in Yemen in March 2015, Harazi including his family of four, led a charmed life in Yemen, often shuttling between Sana’a and Kuala Lumpur for business. 

“On the first day of the war, I lost everything that I built over 30 years,” recalls Harazi. Schools,…

Click here for full article: [source_domain