From Maktoob.com: Thousands of investors have been swindled out of a total of 88 million rials ($220 million), Oman’s prosecutor’s office said on Wednesday, in what one analyst said could be the Gulf Arab countries biggest securities portfolio fraud.

“So far, as many as 3,254 people fell prey to the swindlers and the total amount swindled by the cheats so far stands at 88.4 million rials,” the public prosecutor’s office said in a statement……………………………….Full Article: Source