Dubai police arrest cybercrime gang

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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.

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.

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