• Asian Connection
    Asian Connection
Rafale deal allegations: Sitharaman slams Congress, says UPA let defence preparedness lag    * For Gujarat, Congress Follows BJP Stylebook. Goes Big On Winnability    * Homeland Security's head of community outreach resigns over past controversial comments on black community, Islam    * Wynne government announces legislation to end college strike    * Province moves to boost equal-pay protections for temp agency workers

Student, banker accused of Dh2.7m fraud

Posted in World

Published on July 15, 2017 with No Comments

A female student and a banker have been accused of conspiring with an absconding woman to cheat a bank and embezzle Dh2.7 million using forged papers. The 33-year-old Emirati woman student and the 37-year-old Palestinian banker were said to have collaborated with the absconder in forging a salary certificate and a salary transfer certificate of the Interior Ministry, passport copy and other papers in May 2014.

The student and absconder  are the banker were then believed to have conspired against the bank, according to records, before they opened a bank account in the name of the absconder, applied for a personal loan and embezzled Dh2.7 million. Shortly after the bank’s management discovered that the papers had been forged and that the absconder had lied about being an employee at the Interior Ministry, the act of swindling and deception was reported to the police. Prosecutors accused the 33-year-old and the 37-year-old suspects of forging official papers and using them by submitting them to the bank and defrauding the bank of Dh2.7 million. The suspects pleaded not guilty and refuted their accusations when they appeared before the Dubai Court of First Instance.

 

No Comments

Comments for Student, banker accused of Dh2.7m fraud are now closed.