Saudi Arabia Princess lost $50 million to scammers in Indonesia

HRH Princess Lolowah Al Faisal opening the exhibition at the 1st Memaryat International Conference.

Saudi Arabia Princess Lolowah binti Faisal bin Abdulaziz reportedly lost Rp 505.5 billion (S$50 million) after she fell victim to scammers in Indonesia. 

The head of the National Police’s General Crime Unit, Brig. Gen. Ferdy Sambo, was quoted by news portal the AsiaOne sayings ” the princess’ legal team reported two Indonesians to the police in May, claiming she lost millions of dollars to some property scammers. 

According to Ferdy, Princess Lolowah sent Rp 505.5 billion (S$50 million) to the Indonesians from April 27, 2011 to Sept. 16, 2018 to purchase land in Gianyar, Bali, as well as to construct two resorts, namely Vila Kama and Amrita Tedja on Jl. Pura Dalem in Tampaksiring district.

However, by 2018 the construction had not been completed,  and the police also found out that another party, a company, had a claim to the land.

The suspects allegedly offered the princess 1,600 square meters of land on J. Pantai Berawa in Badung, Bali, according to the news portal. 

When she asked for the land ownership status, the owner said the land was never up for sale in the first place,” Ferdy said as quoted by tribunnews.com.

Graduate with a Master of Mass Communication. 10 years working experience in the media and broadcasting.

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