Closed-circuit video images showed the bus veering sharply in the road before crashing from a bridge and sinking within seconds
The director of Dubai CID, Brigadier Jamal Salem Al Jallaf said the raid resulted in confiscating incriminating documents of a planned fraud on a global scale worth Dh 1.6 billion ($435 million).
"The team also seized more than Dh150 million ($40.9 million) in cash, 13 luxury cars with an estimated value of Dh25 million ($6.8 million) obtained from fraud crimes, and confiscated 21 computer devices, 47 smartphones, 15 memory sticks, five hard disks containing 119,580 fraud files as well as addresses of 1,926,400 victims", he said.
After conducting further investigations and analysing confiscated electronic devices, Dubai Police investigators uncovered sensitive information mined by the suspects on individuals and companies overseas including bank accounts and fake credit cards as well as documents and files condemning the gangs' illegal activities.
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