UAE: 3 arrested after being caught with Dh27.5 million in fake currency
Authorities captured three Arab citizens who possessed fake foreign money they wanted to use in the UAE. Police seized $7.5 million (Dh27.5 million) from the suspects.
Authorities captured the suspects because an informant warned about a businessman in Ras Al Khaimah who planned to distribute fake money with two helpers.
After the Ministry of Interior's Criminal Investigation Department and Criminal Security Department worked with Ras Al Khaimah Police's General Command they arrested the criminal group.
Specialized police units started working right away to check the tip and deal with the problem. Our experts caught the gang members while doing secret work and took all the fake money with them. Authorities found more fake money during their search of the suspects' homes.
The Public Prosecution received the suspects after official law enforcement actions were started.
According to Ras Al Khaima Police counterfeiting any type of currency carries strong legal penalties because it weakens the national economy and damages public trust in financial systems.
The police warned everyone to stay away from financial fraud and counterfeiting schemes and to report suspected counterfeiting to officials right away.






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