(3 Minutes Read)
Several citizens have filed complaints with authorities, claiming that they were misled by the platform, which offered lucrative returns in exchange for money.
The Ministry of Interior has launched a comprehensive investigation into the fraudulent activities surrounding the now-defunct FBC platform, which deceived over a million Egyptians into believing they could earn quick profits.
The platform, which promised financial rewards for completing tasks such as watching advertisements on YouTube, suddenly shut down, leaving countless users unable to access their funds.
Several citizens have filed complaints with authorities, claiming that they were misled by the platform, which offered lucrative returns in exchange for money. However, after users made significant financial contributions, the platform vanished, and many were left in the dark.
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Some media outlets have estimated that the people behind FBC have run off with around USD 6 billion.
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