UAE: 3 arrested in Dubai for fraud to buy and sell cars
The accused duped the interested buyers and sellers by issuing bounced cheques
Dubai Police arrested three men of Arab origin on charges of fraud such as stealing cars from unsuspecting buyers and sellers.
The accused targeted the victims by posting classified advertisements on websites and social media and then duped the interested buyers and sellers by issuing bounced cheques.
Police said that they have received a complaint from a victim, who alleged that he fell prey to two men’s dirty tricks. They issued an invalid cheque that was found to be from a suspended account.
He said initially, he responded to an advertisement that was put out about buying vehicles.
Later, an Arab woman called him and showed interest in buying the vehicle. A location was mutually agreed upon for an inspection, where two Arab men arrived at the specified time. One of the persons introduced himself as a car technician and the other as a buyer on behalf of the Arab woman.
The victim had agreed to sell the car for Dh16,500 and he received the cheque from the seller. The cheque was found to be an invalid, as it was issued from a defunct bank account.
Dubai Police said all three suspects were arrested. However, they had managed to sell the car to another person for Dh34,000 before they could be arrested.
The accused have confessed to stealing two luxury vehicles using a similar modus operandi and exporting them to another country.
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