SAUDI INFLUENCERS AND BOUTIQAAT E-COMMERCE COSMETICS AND FASHION BUSINESS LINKED TO KUWAIT MONEY LAUNDERING SCANDAL

On 28 July, Gulf News reported that 25 Saudi influencers are on the radars of state security intelligence in connection with a Kuwaiti money laundering scandal, Saudi media has reported. The Kuwait public prosecution has charged 10 Kuwaiti influencers with money laundering and ordered to freeze the accounts of Boutiqaat, one of the largest e-commerce cosmetics and fashion businesses in the Middle East.

https://gulfnews.com/world/gulf/saudi/25-saudi-influencers-linked-to-kuwait-money-laundering-scandal-1.72842880

https://www.zawya.com/mena/en/legal/story/Kuwaits_Boutiqaat_being_investigated_for_money_laundering-SNG_180638389/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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