UAE | Crime
Eight arrested while trying to exchange counterfeit cash
Police arrested eight people who tried to exchange large amounts of counterfeit money totalling $800,600 (Dh2.93 million).
- Image Credit:
- Six of the eight people who tried to exchange $800,600 in counterfeit money.
Dubai: Police arrested eight people who tried to exchange large amounts of counterfeit money totalling $800,600 (Dh2.93 million)
The Dubai Police Department of Combating Econ-omic Crimes received a tip-off about an Asian man who possessed counterfeit money of $100 in addition to Indian rupees and was looking for a buyer to exchange the counterfeit money with original money.
Investigations revealed there were two men, a Gulf national and an Arab, who had obtained counterfeit currency from the Asian man. The Asian had also asked two other Asians to look for buyers of counterfeit money.
Police search teams drew up a plan to trap the suspects.
Negotiations took place with A.M. who led the search operation, related to receiving and handing over counterfeit money.
Investigations also revealed that two African men possessed $300,000 in counterfeit cash for sale for Dh600,000.
A policeman was prepared to buy the counterfeit money and four suspects were arrested while handing over $300,000 in counterfeit money. Previous information indicated that the money belonged to a European man staying at a Dubai hotel.
Police arrested the European at his residence along with a woman of the same nationality and seized counterfeit currency worth $507,600 stored in a closet at his residence.
It was also revealed that A.A., an Arab man was directly linked to the operation and was also arrested the same night.
Dubai Police referred the eight suspects to the Public Prosecution for further investigations.
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
- Breaking down cultural barriers with photographs
- Car seats for children: Unsafe at any speed
- Abu Dhabi Crown Prince visits Islamic centre






