Charges sought in case involving over MVR 7 million defrauded through fraudulent motorcycle sales
Police have confirmed that the case, which has resulted in significant financial losses for numerous individuals, is currently at the Prosecutor General's Office for the filing of formal charges.
Police Headquarters, Shaheed Hussain Adam Building. | RaajjeMV | RaajjeMV
The Maldives Police Service has requested the Prosecutor General’s Office to press charges against a company and its owner for allegedly defrauding a large number of people by claiming to sell motorcycles.
The Police Fraud and Financial Investigations Department concluded its inquiry and forwarded the case for prosecution on March 3, 2026.
Charges have been filed in this case against Kingston Holdings Maldives Private Limited and its owner, Ahmed Athif Hassan, 38, of Paulagrace, Dhaalu Atoll Bandidhoo.
According to the Maldives Police Service, an investigation was launched on August 8, 2024, following allegations against Kingston Holdings Maldives. The company is accused of defrauding numerous individuals by collecting payments under the pretense of selling motorcycles in a scheme dating back to November 2023.
Police investigations have revealed that a total of 158 individuals were defrauded in this case. According to the police, the investigation confirmed that the suspects collected MVR 7,193,764.00 (seven million one hundred ninety-three thousand seven hundred sixty-four) and USD 8,398.18 (eight thousand three hundred ninety-eight dollars and eighteen cents) under the guise of motorcycle payments.
As this case involves significant financial losses for a large number of people, it is currently at the prosecution stage within the Prosecutor General's Office.
