UAE | Crime
Dubai police arrest man for selling bogus company
Dubai Police's Criminal Investigation Department (CID) has arrested an Arab national living in Dubai, identified as A.A., for selling a European investor a bogus company for $30,000 (Dh110,100).
- By Maysam Ali, Staff Reporter
- Published: 23:35 August 3, 2008
Dubai: Dubai Police's Criminal Investigation Department (CID) has arrested an Arab national living in Dubai, identified as A.A., for selling a European investor a bogus company for $30,000 (Dh110,100).
The European investor was duped into paying $30,000 for a trade licence to open a company and for a residence visa stating his position as the managing partner of that company.
He paid the requested amount but did not receive anything in return and was unable to contact A.A. afterwards.
The culprit was arrested in Karama and confessed his role in the scam when questioned. He was transferred to the public prosecution for further investigation.
CID warned people against falling victim to such scams.
More from UAE Crime
More from UAE
Community Reports
-
Mirror, mirror show me the way
Driver on Salam Street had so many boxes and fruits piled into car, he would not be able to view rear or right side mirrors
-
Parents should be more vigilant
Reader's picture highlights risk of negligence by caretakers
-
Warming up to ‘Mobilise the Earth' theme
Dubai school dedicates a whole week to celebrating Earth Day with can-collection drives, sapling plantation and painting competition among others
-
Drivers using mobiles put others' lives at risk
Speeding is dangerous for the driver and other motorists
Latest news
- Youngsters dance and raise cash for charity
- Dubai departments upgrade services
- Get yourself a free test for diabetes
- Ensuring a safety net for intellectual property
- Reader's issue addressed
- 5,552 illegals held in Dubai this year
- Man cleared because he took drugs in France
- Man charged with trafficking women
- Auditors to probe Mizin graft case
- Transfusion centre launches new toll free number
- Mirror, mirror show me the way
- Last minute ID rush is on
- Secret source scheme reaps rewards
- Breaking down cultural barriers with photographs
- Car seats for children: Unsafe at any speed
