Dubai Police arrest gang behind trading scam on social media
The suspects falsely claimed to represent reputable trading and investment platforms, targeting victims through phone calls and social media advertisements.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
7 hours ago
- Khaleej Times
UAE authorities warn residents against online fraud, phishing attempts via phone
UAE residents are urged to exercise caution when dealing with phone messages or calls from unknown sources, as per a new note issued by the country's Cybersecurity Council and Abu Dhabi Police on Friday. Authorities called on the public to be mindful when receiving these calls or messages that can be gateways to phishing attempts or online fraud, which has become one of the growing challenges facing the community. "This is particularly evident with the diversity of its forms, the sophistication of its methods, the evolution of digital tools... Online fraud is no longer limited to traditional methods, but now exploits digital services, smart applications, and online networks to lure victims in ways that are often difficult to detect until after the crime has been committed," the UAE Cybersecurity Council said in a statement. Last month, a Khaleej Times investigation uncovered an online trading syndicate in the UAE operating a high-stakes scam through fraudulent call centres, fake trading platforms, and shell companies set up to siphon investor funds. For its part, Abu Dhabi Police warned the public against online fraud attempts, highlighting some methods of deception, including fake advertisements appearing in search engines, fraudulent job offers, and real estate scams. They stressed the importance of using approved applications when making purchases or requesting services. Recommendations Authorities shared tips, saying the public was urged to: Verify the authenticity of electronic links Avoid sharing banking or personal information with untrusted parties Rely only on official applications approved by government entities or available on trusted app stores such as the App Store and Google Play Do not share confidential information with anyone, whether related to bank accounts, cards, online banking passwords, ATM PINs, or the security code (CCV), or other sensitive details. Avoid clicking direct links sent via personal messages Refuse to install programmes under false pretences Never share two-factor authentication codes Review app permissions before installation Deny unnecessary access, such as to messages or administrative settings Continuously update operating systems to fix security gaps, and using certified antivirus software. Apart from these precautionary measures, UAE residents are advised to immediately report any fraud attempts through the Aman Service or via the contact centre at 8002626, SMS at 2828, the Abu Dhabi Police smart app, the email aman@ or the 'Police at Your Phone' service.
Time Out Abu Dhabi
8 hours ago
- Time Out Abu Dhabi
There's a new UAE traffic rule that could land you a Dhs100,000 fine or jail time
If you're ever involved in a road accident in the UAE – even a minor fender bender – the new traffic law makes one thing crystal clear: report it and report it fast. Under updated federal traffic rules that came into effect this year, drivers who flee the scene of an accident could now face up to one year in jail and a Dh100,000 fine. That's right – even if you didn't cause serious damage or injury, leaving without informing the authorities could land you in serious legal trouble. The new three-hour rule Got into a crash? You now have three hours to report it to the police or an officially approved platform. Whether it's a tap in the parking lot or something more serious, failing to do so – without a valid excuse – counts as a punishable offense. Valid excuses include things like physical injury or network outages, but you'll need proof, like a medical report or witness testimony. The new law also tightens restrictions on what happens next. You can't just take your car to the garage – any visible damage must be reported and you'll need an official repair permit before a single scratch gets buffed out. What counts as fleeing the scene? According to the government portal, here's what could get you in hot water: Leaving the site of an accident without informing authorities Not sharing information about the accident Ignoring a police order to stop Deliberately ramming into a police or emergency vehicle All of the above carry a maximum punishment of one year in prison or fines between Dh50,000 and Dh100,000 – or both. How to report an accident in the UAE If you're involved in an accident (minor or otherwise), there are plenty of ways to report it. Most emirates have smart apps that make it easy – no waiting in line at the station required. Here are some of the platforms you can use: Abu Dhabi Police app Dubai Police app Ministry of Interior app SAAED system Rafid (for Sharjah accidents) Or, if it's an emergency or you're unsure what to do, just call 999. What if your car has ECALL? If you drive a newer model vehicle, chances are it already comes with ECALL, an automatic crash-alert system. Introduced in 2020 and now standard in new cars, the system alerts emergency responders within seconds of a collision, sending your location and vehicle details straight to their dispatch team. It's already credited with reducing response times and saving lives – and it's one reason the authorities are doubling down on quicker, tech-powered accident reporting. Bottom line? Don't panic, don't run and don't wait. If you've been in an accident – even a minor one – report it within three hours and follow official procedures. It's not just about avoiding a fine or legal trouble; it could help emergency teams get to the scene faster and keep everyone safe. Summer in Abu Dhabi The 27 best things to do indoors this summer in Abu Dhabi It's time for some air-conditioned bliss Psst: This is when summer officially ends in Abu Dhabi No complaints here 25 brilliant beach and pool day passes in Abu Dhabi Grab your SPF – a lush day by the water awaits
Gulf Business
8 hours ago
- Gulf Business
UAE Central Bank penalises exchange firm over anti-money laundering failure
Image: UAE Central Bank The The action was taken under Article (14) of Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations, following an examination by the CBUAE that revealed significant compliance failures. In a statement, the CBUAE reaffirmed its commitment to maintaining the transparency and integrity of the exchange house sector. The regulator emphasised its supervisory mandate to ensure that all licensed exchange houses, their owners, and employees adhere to the UAE's laws and the standards it has established to protect the country's financial ecosystem.
