Time-share building plan was a hoax

About 15 individuals complained to the police station in Dokki that a building company had scammed each of them to the order of LE 12,000 (about 3,000 U.S dollars).

The individuals explained that they sent the money to the company when persuaded to finance a time-share plan for a tourist and vacation village in Hurghada, Rosel Yosef weekly magazine reported today. They later discovered that the company's time-share scheme was a hoax.