Three Asians were arrested in Jeddah on Sunday for fraudulently obtaining gold worth over SR100,000 by paying with large wads of cash that contained notes of small denominations. The duped shopkeeper, who was left with no more than SR1,000 by the conmen, informed the police who set about trying to locate the gang, and one member was observed in the process of performing the same trick at another store. Officers then tailed the suspect who led them to his place of residence which was put under surveillance. A subsequent raid on the site led to the arrest of the three. A similar scam was uncovered by Jeddah police last month involving a group of Arabs who would show interest in gold and jewelry and offer wads of cash only to purportedly change their minds at the last minute. After leaving, they would return a short time later having swapped all the large notes inside the wad with single dollar bills.
