A man has been arrested in Dubai for scamming a number of people using 'magic ink' to alter financial documents.
The man presented fake business cards and an employee ID to convince his victims that he represented a bank.
Investigations by the Dubai Police showed that the suspect tricked people into believing he could secure bank loans for them for an "account opening fee". He would then fake the documents using 'magic ink', with the details disappearing shortly after they receive it.
He also swindled funds by altering cheques from the victims, filling out details, barring the victim's signature, in 'magic ink'. Once the ink disappeared, he would fill the blanks with his account details and an amount of his choice.
Officials said they started monitoring the suspect after receiving several complaints from victims.
Dubai Police have urged the public to remain vigilant against modern fraud tactics, and encouraged them to use personal pens to complete any forms or cheques for bank transactions.
The authority also warned them against engaging with unofficial entities or individuals who claim to secure loans in exchange for money.
Two members of the UAE Armed Forces died on Monday in a helicopter crash caused by a "technical malfunction", the Ministry of Defence announced on Monday.
The UAE has welcomed the decision by the administration of US President Donald Trump to designate the Sudanese Muslim Brotherhood as a terrorist organisation.
The United Arab Emirates ambassador to the United Nations in Geneva called on Monday for a de-escalation of the U.S.-Israeli war on Iran and a return to negotiations.
Dubai has retained its position as the world’s cleanest city for the sixth consecutive year, according to the Global Power City Index (GPCI) issued by the Institute for Urban Strategies at Japan’s Mori Memorial Foundation.
India's Central Board of Secondary Education (CBSE) has postponed exams scheduled for Class 12 students from Thursday, March 12, in the UAE and the Middle East till Monday, March 16.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, received a telephone call on Monday from His Excellency Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam.
The UAE has strongly condemned the Iranian missile strike targeting Turkey, considering these hostile acts a dangerous escalation, and violation of state sovereignty.
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