Abu Dhabi Court of Appeal reverses decision of the Abu Dhabi Criminal Court finding two individuals guilty of fraud

Two of four defendants initially charged with advertising and selling non-existent property in London were found guilty by the Abu Dhabi Criminal Court. However, the Court of Appeal has also declared the remaining two defendants guilty after e-mails exchanged by them showed that they were aware of the scam.

The case had been filed when the four individuals began to falsely advertise non-existent British properties in a bid to secure investors in the UAE. The plots of land ranged between AED 30,000 to 60,000 and the gang was able to scam 40 Emiratis and UAE residents of around AED 3 million. A total of AED 100,000 was confiscated from the defendants in addition to AED 250,000 which was deposited in their company’s bank account.

The pair convicted in the earlier hearing are each to receive one year imprisonment followed by deportation to Sweden and England respectively.

Twelve individuals in Dubai cleared of defrauding a bank of AED 1.2 million

Twelve individuals have been cleared of forming a gang and defrauding a bank of AED 1.2 million using 49 credit cards that they acquired using forged documents.  A 33-year-old employee (AM) has been jailed and deported to Pakistan for forging 23 credit cards (from the same bank), using forged documents and making purchases worth AED 499,000.

Court records said some of the initial twelve defendants, who worked for the bank, abused their jobs and conspired with AM to issue the credit cards. Due to lack of corroborated evidence, the Dubai Court of First Instance acquitted the gang of setting up a company specialised in issuing credit cards and processing forged cards with false documents. The court judgment remains subject to appeal within 15 days.

New Draft Federal law to tackle fraud and fake goods - update

We previously reported a proposal for a new federal law to tackle fraud and fake goods. The following update provides some more details on these proposals. Dubai's current law on commercial fraud was drafted in 1979 and provides for a maximum jail term of two years and a maximum fine of AED 10,000 for cheating a customer by delivering goods that are different to those ordered. The proposed draft law is intended to step up efforts to fight fraud and trade in fake goods, with traders facing in addition to a possibleo two years in jail, an increased fine of AED 1 million fine and the prospect of being 'named and shamed'.

The proposed legislation empowers the court to order confiscation or destruction of food, medical drugs, crops and tools. The court may also order the businesses to be closed down for up to six months. Repeat offenders may face revocation of their trading licences and double penalties.