Sixteen people reported that the blogger, her husband, along with her sister-in-law and her husband, took money a total of over EGP 1 million to invest in the companies they allegedly own, the interior ministry said.
The complainers told the police they did not receive any profits nor redeemed the amount they had originally investment.
The blogger, whose name the interior ministry withheld, had been promoting the companies that operate in various fields, such as cars, real estate, and security brokerage on a social media account.
Security forces arrested three suspects.
The blogger's husband remains at large.
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