Hamza M Sengendo, Staff Reporter
Fraudsters hoodwinked an investor into paying Dhs446,000 alleged clearance fees to obtain $12 million (Dhs44,040,000) facilities, a jury heard on Monday.
The African manager, 44, and a fugitive accomplice forged letters attributed to a federal customs body, a central bank and a financial authority. They emailed them to the Panamanian victim, 67, to cement their claims.
They deceived him there were $12m facilities to be paid back over a period of 25 years by returning 4 per cent annually. And that for him to avail of the facilities he had to pay $121,450 (Dhs446,000) worth fees.
They claimed the fees were demanded by the federal customs body, the bank and the financial authority. He deposited money in various accounts mentioned in the emails attributed to the three mentioned entities.
In the same case, prosecutors sued his countryman, 54, of using someone else’s Emirates ID in a bid to withdraw some of the cash and an African maid, 33, for cashing a Dhs180,000 cheque. She handed the sum to him.
During Criminal Court questioning, the manager denied all charges and argued that he did not even know the victim nor had any connection with the case. The countryman and woman will be questioned on Oct.7.
On the record, the investor’s friend received an email from a ‘UAE investment group’ offering $12m facilities to be returned in $480,000 annual instalments. The investor said he decided to grab the opportunity.
He came to the UAE and met a man (S) at a hotel on Sheikh Zayed Road. He signed an agreement and paid $8,700 worth documents processing and facilities delivery fees. S promised to wire the facilities to him in Panama.
Two weeks later, S asked him to send $26, 500 as fees to be taken to the central bank to clear the $12m delivery. He wired the sum to a local bank account. S later said the central bank wanted a tax worth $60, 000.
S attached a letter attributed to the bank. The investor also got another email allegedly from the bank. Shortly, a man claiming to be an officer from the bank’s tax department contacted him to pay the $60, 000. He wired it.
He later received an email containing a $12m money transfer document’s attachment and thought he was about to get the sum. Later, a securities institution bogus employee emailed him asking him to wire $54, 300 to finalise procedures. He wired $27, 150 and came to the UAE. The institution notified him he was conned.
An unemployed African woman, 34, lured an Asian man, 33, with her accomplices and stole Dhs60,000 from his possession.
An Asian man, 48, sought the help of two policemen who he knew very well to arrest the son of his partner, 24, and force him to sign a promissory note for Dhs132,000 in financial obligations to be paid by his partner.
A trespasser insulted police officers and bragged about being an American, the Dubai Criminal Court heard on Monday.
As many nations face the dilemma of putting students back to school and ensuring the continuity of their education, the UAE’s commitment to opening schools in September, while prioritising the best interests of students, teachers and education providers, serves as a global model for efficient delivery, said a top official of UAE’s major school network.
The Maldives Ambassador to the UAE Hussain Niyaaz has expressed gratefulness for the unceasing support the host government has been extending for the pursuit of the economic growth and stability of the South Asian archipelago, also known since the ancient times as “Garland of Islands” or Maladvipa (Sanskrit).
The UAE-based renowned actor Rik Aby expressed delight on reaching the UAE after being stuck in Jordan for almost four months.
"I hope whoever hears my words will support, even if it is with the word. We need to feel that we can heal each other’s wounds, support each other. I wish all of you success until we meet at the celebration that will mark Lebanon’s freedom. That day will come. "