Man told to pay Dhs90,500 to a watch trading company for selling fake bracelets in Dubai
The Commercial Court in Dubai has obligated an Asian to pay Dhs90,500 to a watch trading company for selling fake bracelets to it and causing it to sustain financial losses.
According to the official documents, a watch trading company filed a lawsuit against the defendant in October 2024, demanding the court to obligate him to pay Dhs90,500 plus a legal interest at 5 per cent from the date of filing the lawsuit until full payment and the charges, expenses and attorneys' fees.
Earlier, the defendant went in January 2024 to the company's headquarters in Naif area in Dubai, where he offered the company three bracelets for a total price of Dhs125,000, alleging that they were original and of famous brands.
This encouraged the company to purchase the bracelets based on these allegations, noting that after completing the deal, the company examined the bracelets to find out that they were fake and that their market value did not exceed Dhs34,500.The court ruled that a specialist expert be appointed to examine the three bracelets.
The expert's report revealed that one of the bracelets had a counterfeit stamp identical to the counterfeit papers and that its actual market value did not exceed Dhs15,000 given the value of the gold used in it estimated to weigh 41 grams of 18 carat gold. The report also showed that the other two bracelets were of the same type and did not belong to the original companies as alleged by the defendant.
According to Dr. Alaa Nasr, company's legal representative, the court based its verdict on the technical report, which confirmed the inauthenticity of the bracelets, adding that this would prove that the defendant committed a commercial fraud.
The court was also certain that the defendant misled the company about the authenticity of the displayed products, which led the company to sustain financial losses for purchasing the bracelets based on the false information he provided. Nasr pointed out that the court responded to the plaintiff's requests and issued its verdict obligating the defendant to pay the company Dhs90,500, this being the difference between the amount the defendant received in exchange for the bracelets and their actual value as non-original products.
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