Dubai Police is arrested on a gang “fake investment”

The Anti -Fraud Center team at the General Administration of Investigations and Criminal Investigation in Dubai Police arrested a gang that mourned electronic fraud, by promoting fake investments in the field of trading and investment through social media.

Dubai Police reported that the gang arrest came after receiving reports from victims who confirmed that they were subjected to deception of the gang members, who communicated with them, and claimed that they were representing reliable electronic trading and investment platforms.

She explained that the gang deluded the victims of the possibility of achieving high and rapid profits, in order to be able to seize their money after transferring the amounts into accounts outside the state, indicating the identification of the involved and their sites, arresting them, and taking legal measures against them, in preparation for referring them to the competent judicial authorities.

Dubai Police called on members of society to be careful not to deal with those who promote unlicensed investments, or request to open bank accounts and transfer money to them, stressing that the authorities are only authorized to provide investment services within the country.

It also called for immediate reporting of any suspicious activities through the EcRIME platform, through the Dubai Police application, or calling on 901.