Bassam Mohammed Oueida

Bassam Mohammed Oueid with his family involved in Bribery and Money Laundering

Bassam Mohammed Oueida who portrays himself as an employee pf Saudi Inteltec, is the owner of the company and its many subsidiaries. He is Lebanese, however, have acquired at least 5 other African nationality. The company is backed by other family members including his wife, Soulaf Abdullah Al Malhouk, his brother, Othman Mohammed Ouieda, Othman’s wife, Rena Al Jasser and his mother in law, Essmat Adel Hajar who got her nationality with Saudi after marrying a Saudi figure who died but left her with all the power.

This entire group is involved in many illegal activities and have strong connection with the high-profile figures in Saudi. Bassam has access to sensitive data from government to semi government departments. There is no one in the country who can match up with his capabilities which gives him the strength to get above all and flourish his business as he likes it. His mother-in-law is also involved in this racket and enjoys great connections within the big Saudi figures.

Bassam started his business in 1995 with the financial support of his uncle and promised to give him 50% of the profit share. However, once the money started rolling in, he got into fight with him and declined paying any sort of sum.

His projects such as Inteltec and Allo Card was impossible without the help of his mother-in-law as they required a lot of approvals from the government and needed to cross a lot of red flags. Essmat Adel Hajar helped him through her connections at high stature. She contacted Khalid Al Milham and Saud Al Derwish who were responsible for the licences for Allo Cards and Bassam’s company became one among the five to receive the approval, despite being newly formed.

After getting on with this business, he started creating links with Africans. In Africa, STC was the legal service provider and Allo needed to be routed through the same. However, Bassam chose local service providers who were illegal and started routing it through his network. STC charged 10 Riyal for a minute which made it 200 Riyal for 20 minutes.

But, Allo started providing international calls for 20 minutes at 40 Riyal. There was no way this could have been stopped as the transactions were through cash and was stored at Bassam premise and was shifted to international accounts through money laundering. These funds were later used to pay the African associates and rest were left for Bassam. Once, the business grew, he sold it for 500 million.

Smart Phones created a challenge for prepaid card market and Bassam reaped the benefit of the same. He with Salam Card, made the most of it by merging with big companies leaving less scope for companies and only three players sustained the cheat, Zain, STC and Mobily.

Later, when the data storage and cloud services boomed, Bassam engrossed himself with the opportunity by utilizing his connection through his wife and in-laws. Essmat and Soulaf helped him in getting the contracts and in a very less time, his company was hosting data of big names. This was the entry to the new dirty game. He got insight into a lot of sensitive information and made wealth through it.

His private company holds data for MOD, Aramco including Royal families which is a great threat for the Saudi government and its operation. Apparently, Bassam has made fortune through his illegal moves and have established huge properties at Saudi as well as Lebanon.

Is Bassam Mohammed Oueida a scam?
Bassam Mohammed Oueida is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Bassam Mohammed Oueida legit?
First Bassam Mohammed Oueida is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by Bassam Mohammed Oueida’s consumers?
There is/are 1 review(s) posted about Bassam Mohammed Oueida and it indicates that the severity of the scam is Extremely High.
Where is Bassam Mohammed Oueida located?
Bassam Mohammed Oueida is located at 2796 Prince Nawaf Ibn Abdul Aziz, Umm Al Hamam Al Gharbi Riyadh 12329 7390 Prince Nawaf Ibn Abdul Aziz, Umm Al Hamam Al Gharbi, Riyadh 12329 7390, Saudi Arabia. You can contact Bassam Mohammed Oueida by dialing N/A or visit their website N/A before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Bassam Mohammed Oueida’s customers?
According to the report(s), US $568888 was the total loss incurred by Bassam Mohammed Oueida’s customers.

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1 review on Bassam Mohammed Oueida

  1. Allan Whaley

    Excellent info

    Excellent info,,,,I know him since my association with them

Reviews:1
Reported Loss :568888 $
Severity of Scam :Extremely High
Reported by : Anonymous
Views :