An Egyptian man has been arrested in Cairo for allegedly establishing a fake company to defraud citizens seeking overseas employment. The suspect, who has a criminal history, established a company without a license and used it to deceive individuals seeking work abroad, promising them lucrative overseas jobs. He allegedly used social media to promote his scheme and collected money from victims under the pretense of securing their travel and employment arrangements. The authorities were alerted to his activities and apprehended him, discovering numerous fake employment contracts, job applications, company stationery, and promotional materials. He has been remanded in custody for four days while the investigation continues.