A man is facing fraud and counterfeit charges in Dubai after allegedly posing as a member of the royal family to dupe an investor in a property deal, according to local media reports.
According to Sharjah-based Gulf Today, the 43-year defendant wore local attire and used a fake name to meet with a female investor, who gave him approximately AED 78,000 ($21,235).
Additionally, the defendant is accused of working with an unidentified accomplice to duplicate a Dubai Courts stamp to use on counterfeit property purchase agreements used in the scam.
After making an initial payment, the victim and the suspect met again at a brokering company where he asked for a further $180,000. She refused to pay after growing suspicious at the fake documents.
In court, an Emirati police official testified that an investigation revealed that the suspect had previously attempted a similar scam.
“Investigations showed it was not the first time the defendant swindled money from people,” the sergeant said. “He had earlier tried to con an American family using the same method.”
The suspect is due back in court on May 12.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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