Lt-Col Abullah Saif Al Matrouhsi, Head of the Criminal Investigation Department (CID), said that acting on a tip-off that two men living in an apartment in Al Nuaimia area were involved in money-doubling activities and had conned a large number of people.
The police sent an undercover agent to negotiate a deal with the suspects. The agent carried Dh100,000 with him. The suspects showed the decoy a box containing black paper sheets in the sizes of dollar and euro bills and claimed that they could turn them into $10 million.
The suspects then took Dh100,000 from the CID agent for buying some liquid which, they claimed, they required to transform the black paper sheets into dollars. Both were arrested.
The men confessed that they had swindled many people in the Northern Emirates. The police, however, did not the exact number of people cheated by the duo. The case has been referred to the public prosecution.