32 C
Dubai
Thursday, October 31, 2024
spot_img

UAE: 8 gangs counterfeiting currency, claiming they can double cash; arrested – News

[ad_1]

During the search of his home, the police found counterfeit foreign currency notes, equipment and technical devices used for counterfeiting currency



file photo

file photo

published: Sunday, December 11, 2022 at 1:55 pm

On Sunday, Sharjah Police arrested a gang of eight on charges of counterfeiting and using counterfeit currency to commit fraud.

Colonel Omar Buwalzod explained that the department had received information about a group of people counterfeiting cash. According to the informant, several security teams specialized in such criminal activities were established to track and hunt down the gang.

He said the monitoring and follow-up team had discovered the identity of the gang, whose members had recently come to the country. They deceive their victims by claiming they have the ability to double their money and sell (fake) foreign currency for less than market value in exchange for real cash.

He explained that the team set up a tight ambush and captured the suspects one by one. The search resulted in the seizure of counterfeit foreign currency banknotes, equipment and technical equipment for counterfeiting currency, as well as tools and ink used to counterfeit counterfeit currency.

The chief of criminal investigations praised the task force and its efforts to catch gang members quickly, albeit with great caution.

He called on the public to work with the police and report any suspicious situations around them without hesitation to reduce similar crimes.

Also read:

[ad_2]

Source link

Related Articles

The Journey of Berrylush: A Story of Passion, Perseverance, and Purpose

In 2018, Berrylush was born from the shared vision of two IIM graduates, AnushaChandrashekar and Alok Paul, who saw a glaring gap in the...

UAE Strengthens Global Alliances: Landmark Diplomatic Engagements with Russia and Singapore Propel Strategic Partnerships

UAE has been actively engaged in high-level diplomatic efforts, further cementing its role as a key player on the global stage. Recently, President Sheikh Mohamed...

Sheikh Mohamed bin Zayed and Sheikh Mohammed bin Rashid Join Forces to Shape UAE’s Future Development

Sheikh Mohamed bin Zayed Al Nahyan and Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, convened for high-level discussions centered on the...

New Bridges on Al Khail Road Boost Mobility and Unlock Growth

New bridges on Al Khail Road marks a major milestone in the UAE’s commitment to enhancing mobility and supporting economic growth. As one of Dubai’s...

UAE Visa Amnesty Program Empowers Thousands with a Fresh Start.

UAE latest visa amnesty program has brought a wave of relief and optimism, offering thousands of individuals an opportunity to regularize their immigration status. Launched...

Latest Articles