Dubai Police Arrest Group Running Fake Trading Scheme Online
- Publish date: Monday، 21 July 2025 Reading time: 1 min read
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Dubai Police have busted a cybercrime gang that ran a fake trading and investment scam through social media. The gang tricked victims by pretending to represent well-known online trading platforms and lured them with promises of fast and high profits.
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The arrests were carried out by the Anti-Fraud Centre at the General Department of Criminal Investigation after weeks of close monitoring and investigation. The operation was revealed as part of the national awareness campaign #BeAwareofFraud, which aims to educate the public about common scams.
According to the police, the gang contacted victims through phone calls and social media, convincing them to transfer money to supposedly invest in electronic trading platforms. However, the money was actually moved to bank accounts outside the UAE.
Thanks to the diligent efforts of the Dubai Police, the identities and locations of the suspects were tracked down, leading to their swift arrest. Legal procedures have already begun to refer them to the relevant judicial authorities.
Dubai Police continue to urge the public to stay cautious and verify the legitimacy of any investment opportunity before sending money or sharing personal details. If you suspect fraud, report it immediately through the eCrime platform, the Dubai Police app, or by calling 901.
Stay vigilant and help stop cybercrime by spreading awareness about these scams.