15 Hrs
Source:
البيان
14m Dirham Gold Fraud
Abu Dhabi Police arrested the main suspect in a fraud case involving the misappropriation of gold jewelry valued at approximately AED 14 million, just hours after receiving a report from the owner of a jewelry shop. The incident dates back about six months, when the suspect took possession of the gold, claiming he was acting on behalf of businessmen and prominent figures. He promised to pay for it later, then sold part of it. Police urged gold shops and other businesses to verify customers’ identities and credentials, and not to hand over high-value goods until payment has been secured through reliable financial procedures.
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