Latest news with #eCrime
UAE Moments
21-07-2025
- UAE Moments
Dubai Police Arrest Group Running Fake Trading Scheme Online
Dubai Police have busted a cybercrime gang that ran a fake trading and investment scam through social media. The gang tricked victims by pretending to represent well-known online trading platforms and lured them with promises of fast and high profits. Join our FREE WhatsApp channel to dive into a world of real-time engagement! The arrests were carried out by the Anti-Fraud Centre at the General Department of Criminal Investigation after weeks of close monitoring and investigation. The operation was revealed as part of the national awareness campaign #BeAwareofFraud, which aims to educate the public about common scams. According to the police, the gang contacted victims through phone calls and social media, convincing them to transfer money to supposedly invest in electronic trading platforms. However, the money was actually moved to bank accounts outside the UAE. Thanks to the diligent efforts of the Dubai Police, the identities and locations of the suspects were tracked down, leading to their swift arrest. Legal procedures have already begun to refer them to the relevant judicial authorities. Dubai Police continue to urge the public to stay cautious and verify the legitimacy of any investment opportunity before sending money or sharing personal details. If you suspect fraud, report it immediately through the eCrime platform, the Dubai Police app, or by calling 901.
Dubai Eye
21-07-2025
- 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
20-07-2025
- 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
20-07-2025
- 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.
Filipino Times
20-06-2025
- Filipino Times
Dubai Police warn public against new ‘Magic Ink' fraud
Dubai Police have arrested a fraudster involved in a 'Magic Ink Fraud' scheme that deceived victims by promising help in obtaining bank loans. The scam involved providing fake documents printed with disappearing ink, which vanished shortly after delivery, the Dubai Police Fraud Prevention Team at the General Department of Criminal Investigation and Criminology said. The suspect convinced victims to pay fees by signing false documents labeled as 'Account opening fees.' The fraudster also obtained cheques and wrote key details with magic ink that disappeared, allowing him to alter names and amounts afterward. The arrest came after several victims reported the incidents to the Fraud Prevention Center. Authorities discovered the suspect used fake business cards and job IDs to impersonate a bank employee. Officials advise the public to avoid transactions with unofficial persons claiming to facilitate banking processes in exchange for money. They also recommend verifying representatives' identities by checking official IDs and using personal pens when signing documents. Dubai Police encourage anyone who suspects fraud to report it promptly through the Dubai Police smart app or the eCrime platform.
