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Khater Massaad- Once a con, Always a con!

This blog belongs to a scam artist, a director who cheated on his highness and turned in to an embezzler and his name is Dr. Khater Massaad.  Khater Massaad is another individual added to the growing list of scammers. Dr. Massaad was born on June 17, 1953 in Remaich, Lebanon. He has done PhD in Geophysics and an MSc in Mathematics from the University of Lausanne, Switzerland. Dr. Massaad was a long-time adviser for Ras Al Khaimah government, creator of RAK Ceramics and longtime CEO of RAKIA.



In 1989 a Swiss Lebanese engineer, Conman (Dr.) Khater Massaad joined crown prince to develop comprehensive industrialization plans for Ras Al Khaimah. Con- artist Khater Massaad was appointed in August 2003 and he started to serve his advice under the guidance of Crown Prince & Ruler of the Emirate of Ras Al Khaimah as an advisor. As per multiple news- Khater Massaad is the key figure of many scandals and he found out for investigation of Dh5.5 billion fraud. According to headline on an online story- “Khater Massaad has done many frauds and thought that he will never get caught but a hotel deal in Georgia exposed him."

Khater Massaad and farhad azima fraud case was major and shameful scams discovered by the authorities.

This is all, how Khater Massaad cheated on his highness who gave him an opportunity to grow to be a successful businessman but Khater Massaad arrest during the fraud case investigation ruin trust of his highness from all similar people? This is really unbelievable and ridiculous that a person who could be diamond for a ceramic industry, came out as a fraudster. As per the reports suggest- There are few more people who were involved into this matter with Khater Massaad. Khater Massaad fraud case is one more case which has been added in the history. 
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Khater Massaad Arrest

Khater Massaad and former senior officer of RAKIA has been sentenced by court for defrauding govt. of RAK, according to the available reports. Khater Massaad accused of stealing $1.5billion (Dh5.5) while working for govt. of RAK but he fled the country when questions about his fund and business activity arose that’s why he taken into the custody in Saudi Arabia. Con-artist Massaad holds Swiss citizenship and four other citizenship and has business interest in several countries including Lebanon and Saudi Arabia which shows he is polished and cunning scammer who gain trust so he can make some big money and use it for his personal own group known as Khater Massaad Group (KMG). There are some more people who may be involved with embezzler Khater Massaad in fraud and in other criminal activity. Khater was also accused for diversion of public funds in relation to a sea port project in Georgia .
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