Some stores sell counterfeit products, what is the penalty for that?<\/p>\n
What is the penalty for who buys from them?<\/p>\n
First of all, you need to know what is the adulterated product?<\/p>\n
The most prominent practices of commercial fraud include:<\/p>\n
* Offer and sell expired goods<\/p>\n
* Tradition, non-conformity of specifications of the commodity, non-carrying of commercial data and sale of the commodity<\/p>\n
* Discounts are ongoing without permission<\/p>\n
* Increase or decrease in weight, adequacy, scale, number, energy or calibre<\/p>\n
* Possession of counterfeit goods for trading<\/p>\n
Import of fraudulent goods for trafficking<\/p>\n
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Import: Import of goods or services in order to introduce value added and re-export them abroad. (m. 1 by the Saudi Export and Import Bank)<\/p>\n
* It should be noted that the regulator required that * possession * of the adulterated product be for the purpose of trafficking in order for the offence of possession of a adulterated product to occur.<\/p>\n
Is the Commercial Anti-Fraud System applicable to commercial record holders only? No, it applies to all individuals, i.e. it is not required to be a merchant or owner of an enterprise<\/p>\n
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The regulator stipulates that deception and fraud are the seller’s perception of the seller as not being true to the buyer.<\/p>\n
Thus, deception is a person’s position, and fraud is a position on the product or commodity.<\/p>\n
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Sanctions:<\/strong><\/p>\n A fine of up to SAR 1,000,000 million, or a term of up to three years’ imprisonment or both, shall be imposed on anyone who commits the offences provided for in the Anti-Commercial Fraud Regime.<\/p>\n Proven fraud results in the confiscation of the product and the destruction of fraudulent goods, as well as the confiscation of instruments used in fraud or deception<\/p>\n The facility is closed for a period not exceeding one year.<\/p>\n Defamation of offenders at his own expense in local newspapers<\/p>\n Right to compensation for each person affected by commercial fraud<\/p>\n <\/p>\n The Competent Authority for the Control of Violations of the Anti-Commercial Fraud, Investigation and Collection of Evidence System: Ministry of Commerce, Ministry of Municipal and Village Affairs, Ministry of Energy, Industry and Mineral Resources, and General Authority for Food and Medicine<\/p>\n Their appointment shall be issued by a decision of the Minister after the consent of their respective authorities and shall be prepared by the supervisors of the control whether a judge is under the responsibility and supervision of their ministries.<\/p>\n The competent authority to investigate these offences and to refer the case to the competent criminal court: Public Prosecutor’s Office<\/p>\n saudi Citizen… First Security Man<\/p>\n Be a commercial fraud whistleblower through the following link or on the number and receive a bonus of 25% of the fine obtained under a final court ruling:<\/p>\n Number: 1900<\/p>\n Or at the link:<\/p>\n