The Real Estate Fund has sought the help of the Saudi Telecommunications Company (STC) to halt the flow of false and misleading SMS messages whose senders attempt to make people believe they have contacts inside the fund that can help them acquire loans. Officials at the Real Estate Fund, which offers Saudi citizens long-term soft loans to build their own residences, have warned Saudi citizens of offers of false services which claim to have influence. Muhammed Al-Harbi, Director General of the Saudi Real Estate Fund, said that the STC has been asked to trace the origin of the messages.
