Members of an international criminal network have been arrested in Dubai after an intense police investigation found that they used fake companies to wire illegal funds from "stolen bank cards".
The operation by Dubai Police's Anti-Fraud Centre showed that the men used "fictitious entities" to mislead regulators and banks, in a bid to conceal the source of the funds.
Specialised teams monitored the men closely before action was taken.
The men have been referred to judicial authorities for further action.
The force urged individuals and institutions to stay alert and report any suspicious activity through the “Police Eye” service or by calling 901.
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