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Saudi Arabia gold scam: Authorities shuts down foreign e-commerce store selling fake gold bullion

IndiaTimes Thursday, 21 August 2025 ()
Saudi Arabia’s Ministry of Commerce shuts down a foreign online store offering counterfeit gold bullion made of copper coated with gold. The store targeted Saudi consumers with prices nearly half the market value. The ministry urges buyers to verify online sellers through the Saudi Business Center’s verification service and avoid untrusted sites to prevent fraud under the E-Commerce Law.
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