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Home Latest News Two arrested in UAE for ‘doubling money’ scam

Two arrested in UAE for ‘doubling money’ scam

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They converted black paper into a $100 note.

Ajman Police have arrested two men for allegedly duping people by claiming they can double their money.

A victim complained to the police, saying that he was defrauded by the men after they claimed to double his money, said Ahmed Saeed Al Nuaimi, head of the Criminal Investigation Department (CID).

“They showed him a black paper and then sprayed some ink material on it, which converted it into a $100 note. They offered to sell him the black paper bundles and the liquid (ink) for Dh15,000,” Al Nuaimi added.

The victim handed over the money to the fraudsters for the bagful of black papers. They asked him not to open the bag because he was told that it needed time to convert the papers into real banknotes, the police official pointed out.

After receiving the complaint, the police swung into action and formed a team of CID officers. They laid a trap and arrested the conmen red-handed.

During interrogation, they admitted to committing the crime. The duo was referred to the public prosecution.

Col Al Nuaimi lauded the efficiency of the police officers in nabbing the two conmen. He called on the public to report any incident of fraud that they encounter.

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