Dubai Police General Command, represented by the General Department of Criminal Investigation, dismantled an organised gang, which lured individuals with financial incentives to open bank accounts and digital wallets in their names. The suspects then seized the victims’ login credentials and control information, exploiting them to carry out financial scams and launder funds obtained from criminal activities.
The Dubai Police operation was part of ongoing efforts to combat financial crime, pursue criminal gangs that employ deceptive methods to ensnare victims, and counter any threats to community security and the integrity of financial transactions.
Dubai Police uncovered the activities of the criminal gang that systematically targeted individuals, exploiting their need for money by enticing them with financial rewards in exchange for opening bank accounts and digital wallets. Victims were instructed to hand over the access data to gang members, who then managed and used the accounts to conduct suspicious financial transactions.
Investigations revealed that the gang exploited bank accounts registered in other people’s names as fronts to launder funds obtained through fraud. This was done to conceal the identities of the actual beneficiaries and make it difficult to trace the movement and sources of the money.
Intensive security efforts by investigation teams led to the dismantling of the criminal network, the arrest of its members, putting an end to their fraudulent activities. This operation reflects the efficiency and readiness of Dubai Police in monitoring criminal activity and pursuing perpetrators, regardless of the variety and sophistication of their methods.
Dubai Police General Command emphasised that allowing others to use bank accounts or digital wallets, or handing over login credentials in exchange for money, is a dangerous practice that could expose account holders to legal accountability—especially if the accounts are used for fraud or money laundering.
Police warned against succumbing to financial temptations and suspicious offers aimed at exploiting individuals and their bank accounts for illegal activities. They stressed the importance of maintaining the confidentiality of banking information and not allowing anyone to use another person’s accounts or digital wallets.
Dubai Police urged the public to remain vigilant and cautious, and to refrain from responding to any offers to open bank accounts or digital wallets on behalf of others in exchange for money, noting that such practices can be used by criminal gangs to launder funds obtained through fraud and conceal their origins. Police stressed the importance of immediately reporting any attempts to lure individuals or exploit their bank accounts through the “Police Eye” service, the “eCrime” platform, the Dubai Police website and smart application, or by calling the call centre at 901.
Dubai Police General Command affirmed its continued efforts to combat all forms of financial fraud, enhance community security, and protect residents from falling victim to cybercrime and financial crime. It also called on the public to cooperate with security agencies and report any suspicious activities, contributing to the protection of the financial system and strengthening security and safety in the emirate.
Source: Emirates 24|7