Latest news with #Anti-FraudCentre
Gulf Insider
2 days ago
- Gulf Insider
Dubai Police Arrest Cybercrime Gang Behind Fake Investment
Dubai Police have arrested a cybercrime gang that operated fake trading and investment schemes through social media platforms. The Anti-Fraud Centre at the General Department of Criminal Investigation made the arrests following monitoring and investigation work. Police revealed details of the operation as part of the national awareness campaign #BeAwareofFraud, the Dubai Media Office said in a statement. The investigation began after police received reports from victims who had been contacted by the gang through phone calls. The suspects claimed to represent electronic investment and trading platforms to gain the trust of their targets. The gang told victims they could earn profits quickly, convincing them to transfer funds. The money was then moved into bank accounts outside the UAE. Police identified the identities and locations of the suspects before making the arrests. The suspects have been referred to judicial authorities through legal measures. Also read: Viral Dubai Chocolate Replica Recalled
TECHx
2 days ago
- TECHx
Dubai Police Arrest Cybercrime Gang Behind Fraud Schemes
Dubai Police have announced the arrest of a cybercrime gang involved in online fraud and fake investment schemes. The Anti-Fraud Centre at the General Department of Criminal Investigation carried out the operation following intensive monitoring and investigation. Authorities revealed that the gang promoted fraudulent trading and investment opportunities through social media platforms. Victims reported being contacted via phone calls by individuals falsely claiming to represent legitimate electronic investment and trading firms. These suspects promised high and fast returns on investments to gain the victims' trust. Victims were tricked into transferring funds abroad The suspects' identities and locations were traced The funds were later funneled into bank accounts outside the UAE. Dubai Police confirmed that all individuals involved were identified and swiftly arrested. The details of the operation were disclosed as part of the ongoing national awareness campaign, #BeAwareofFraud. Legal procedures are underway to refer the suspects to the appropriate judicial authorities. Source: Dubai Media Office The post Dubai Police Arrest Cybercrime Gang Behind Fraud Schemes first appeared on TECHx Media.
Dubai Eye
3 days ago
- Business
- Dubai Eye
Dubai police arrest cybercrime gang
Dubai Police have arrested a cybercrime gang that orchestrated a large-scale online fraud operation by promoting fake trading and investment schemes via social media platforms. The arrests were carried out by the Anti-Fraud Centre of the General Department of Criminal Investigation following a detailed monitoring and investigation process. The operation was part of the national awareness campaign #BeAwareofFraud, launched after multiple reports from victims who had been targeted by the gang through unsolicited phone calls. #News | Dubai Police Nab Cybercrime Gang Posing as Investment Brokers Details: #BewareofFraud #YourSafetyIsPriority — Dubai Policeشرطة دبي (@DubaiPoliceHQ) July 20, 2025 The suspects falsely posed as representatives of legitimate electronic trading and investment platforms to build trust with their victims. They promised quick and high returns, persuading individuals to transfer funds that were then funneled into overseas bank accounts. Authorities were able to identify the gang's members and locations, leading to a swift arrest. The suspects have been referred to the competent judicial authorities for legal action. Dubai Police have urged the public to exercise caution when approached with unlicensed investment opportunities, warning against sharing financial details or opening bank accounts on behalf of unknown entities. Only licensed institutions are permitted to offer investment services in the UAE, the force reiterated. Residents are encouraged to report any suspicious activity through the eCrime platform, Dubai Police app, or by calling 901. The police emphasised the importance of verifying the legitimacy of any financial offers to avoid falling victim to scams.
Gulf Today
3 days ago
- Business
- Gulf Today
Dubai Police nab gang for fake investments
The Anti-Fraud Centre, which is part of the General Department of Criminal Investigation at Dubai Police, has arrested a group of people who were involved in cyber fraud. Specifically, they were promoting fraudulent trading and investment opportunities on social media platforms. This was achieved following extensive monitoring and investigation. With regard to the specifics of the case, as published by the Dubai Police within their ongoing 'Be Fraud Aware' campaign, it is said that the gang was caught after multiple reports were received from individuals who claimed to have been defrauded by its members. The gang had initially contacted the victims via telephone, claiming to represent well-known online trading and investment platforms. The Dubai Police explained that the gang had deceived their victims by promising them quick, high profits, which had enabled the gang to seize their money after the victims had transferred the funds to accounts outside the country. They noted that the individuals involved had been identified and arrested, and that legal action had been taken against them pending referral to the relevant judicial authorities. The Dubai Police have warned people to be careful when dealing with anyone who asks to invest in something that doesn't have a licence, or who asks to open a bank account to receive money. The warning says that only licensed companies can provide investment services in the country. The Dubai Police also asked people to report anything strange straightaway. They can do this through the eCrime platform, the Dubai Police app, or by calling 901. The police say it's important to check if any investment offers are real before doing anything that involves money.
TAG 91.1
3 days ago
- Business
- TAG 91.1
Dubai Police Arrest Cybercrime Gang
Dubai Police have arrested a cybercrime gang that orchestrated a large-scale online fraud operation by promoting fake trading and investment schemes via social media platforms. The arrests were carried out by the Anti-Fraud Centre of the General Department of Criminal Investigation following a detailed monitoring and investigation process. The operation was part of the national awareness campaign #BeAwareofFraud, launched after multiple reports from victims who had been targeted by the gang through unsolicited phone calls. #News | Dubai Police Nab Cybercrime Gang Posing as Investment Brokers Details: #BewareofFraud #YourSafetyIsPriority — Dubai Policeشرطة دبي (@DubaiPoliceHQ) July 20, 2025 The suspects falsely posed as representatives of legitimate electronic trading and investment platforms to build trust with their victims. They promised quick and high returns, persuading individuals to transfer funds that were then funneled into overseas bank accounts. Authorities were able to identify the gang's members and locations, leading to a swift arrest. The suspects have been referred to the competent judicial authorities for legal action. Dubai Police have urged the public to exercise caution when approached with unlicensed investment opportunities, warning against sharing financial details or opening bank accounts on behalf of unknown entities. Only licensed institutions are permitted to offer investment services in the UAE, the force reiterated. Residents are encouraged to report any suspicious activity through the eCrime platform, Dubai Police app, or by calling 901. The police emphasised the importance of verifying the legitimacy of any financial offers to avoid falling victim to scams.
