Public Prosecution issues decision following fraud at New Cairo school

Investigations According to a statement from the Public Prosecution, investigations revealed evidence that those managing a consumer finance company facilitated the misappropriation of company funds for the benefit of the school owner, who was previously detained pending trial.

The Public Prosecutor ordered the temporary freezing of the personal assets of several suspects and their families pending the Public Prosecution’s investigations into reports filed by some parents of students at the school.

The Public Prosecution in Egypt has taken new measures on Monday against those suspected of fraud at the Global Paradigm school in New Cairo, following investigations into the receipt of funds in the names of parents without their knowledge, RT reported on Monday.