New strict laws punishing people to up to 10 years in jail and a $266,000 fine for forgery crimes are set to come into effect in Saudi next month, it was reported.

Under the code, which was recently approved by a royal decree, anyone who forges a government stamp will face three to 10 years in prison and up to a $266,000 fine, the Saudi Gazette reported.

Anyone who counterfeits the stamp of a public agency will face between one and seven years in prison in addition to a fine not exceeding $187,000.

If the stamp forged belongs to a non-government agency, the penalty will be up to three years in jail and/or a $80,000 fine.

Other offences included in the law include forging postage stamps, letters claiming to be stamped by the King, Crown Prince, or any senior officials in their bureaus and treasury securities or related documents issued by the public treasury.

The laws will also cover counterfeiting commercial documents, insurance policies, and bank documents, with penalties of one to five years in prison and a fine not exceeding $107,000.

As well, forging or issuing fake medical reports school examinations or scores and a signature in work attendance sheets will all be subject to punishments, the Gazette reported.

The code stressed that accomplices and those who aid and abet in similar forgery crimes will face the same penalty for that crime…


source: arabianbusiness