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Dubai: 2 arrested for posing as police officers, stealing Dh10 million from trading firm
During interrogation, the men confessed to planning the heist with a company insider who had tipped them off about the cash stored in the safe
- PUBLISHED: Sat 1 Mar 2025, 5:30 AM
Dubai Police have arrested two men who posed as Criminal Investigation Department (CID) officers and stole Dh10 million from a trading company in Naif.
The suspects – both Asian nationals — restrained the employees and looted the money from a safe in the general manager’s office before attempting to flee.
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According to Dubai Public Prosecution, the duo, identified as Ahmed S.M., 35, and Yousif A.A., entered the company’s premises claiming to be police officers. They displayed a forged CID identification card and confronted the staff.
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The suspects then tied up five employees, confiscated their mobile phones, and detained them in a separate office before making off with the cash.
The employees managed to free themselves and immediately alerted Dubai Police.
Officers from Naif Police Station, CID, crime scene investigation, and patrol units swiftly responded to the scene.
Investigators collected fingerprints, CCTV footage, and witness statements, launching an extensive nationwide search to track down the culprits before they could transfer the stolen amount or flee the country.
Following an intensive manhunt, the suspects were located in a northern emirate. In coordination with local police, Dubai authorities apprehended them and recovered the stolen money.
Collusion with company insider
During interrogation, the men confessed to planning the heist with a company insider who had tipped them off about the cash stored in the safe.
The employee allegedly assured them that if they carried out the robbery, the manager would not report it, claiming the company was involved in money laundering.
Police later arrested the employee, and the case has been referred to Dubai Public Prosecution for further investigation and legal proceedings.
Efforts are underway to restore the stolen amount to the company.