FTA issues alert after scammers target bank customers promising VAT refunds in return for personal data
scam
bounced cheque
Dubai police to investigate $4m rice export scam
6,000 tons of rice from India, destined for Dubai, went missing
banking fraud
Dubai Police warn of counterfeit currency exchange scam
Dubai Police officials seized more than AED1 billion in counterfeit currency in 2018
Dhaid Police Station
Asian man arrested in UAE after travel scam tricked people looking for cheap flights
Man claimed he committed fraud to help pay off debts of over AED100,000
Cyber crime
Dubai financial regulator warns of easy loan scam
The scammers use false certificates of incorporation, which the DFSA doesn’t issue
Central Bank
UAE central bank warns Whatsapp users over fake message scam
Fraudulent messages being sent out claiming to come from banks may expose users to a malicious website
Abu Dhabi Crown prince
Facebook deletes scam Bitcoin post claiming to be linked to Abu Dhabi Crown Prince
Facebook said it had a dedicated team in place to detect fake news or scam posts
Bitcoin
Bitcoin fraudster who duped UAE investors admits to scam
Bar Works’ founder Renwick Haddow is believed to have scammed 150 investors from the UAE