Gang jailed 10 yrs, fined KD199 mln in cash fraud (opens original article in a new tab)

A Kuwaiti court sentenced 13 individuals and entities to prison terms and fines totaling KD310 million for financial crimes and terrorism-related offenses.

• 13 defendants sentenced to prison terms and fined KD310 million for money laundering, terrorism financing, and incitement of sedition.
• Four defendants received 10-year prison sentences and KD199 million in fines for a money laundering case.
• Commercial entities linked to the case were fined KD99 million and banned from commercial activity.
• Four defendants, including three Kuwaitis and a Lebanese, received 10-year sentences and KD6 million in fines for financing Hezbollah.