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UAE - Investor robbed of $915,000, court hears  Join our daily free Newsletter

MENAFN - Khaleej Times - 11/12/2013

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(MENAFN - Khaleej Times) The two defendants, including a Cameroonian businessman, 29, (identified as M.A), and a 43-year-old accomplice from Chad (identified as A.M), faced forced robbery and fraud charges in the Court of First Instance.

The complainant, a 36-year-old Saudi, said he met a Sudanese man at the Abu Dhabi International Airport, around one year prior to this complaint, and he suggested that he invest in real estate. "He asked me to pay 1 million and said he would give me cars and machinery worth 25 million Euros for investment in Saudi Arabia. He said he would get 20 per cent of the investment revenues," the complainant said in the investigation.

They managed to strike a deal and the Saudi arrived in the UAE on February 19. "The same Sudanese man sent M.A. to my hotel room. He waited for me to go into the bathroom and replaced the 915,000, that was in a suitcase, with counterfeit notes. He fled the room after blinding me with pepper spray," he told the prosecutor.

The Saudi went back to his home country and it was then that he realised that the suitcase contained fake currency.

"I stayed in touch with the defendants and they told me to hand the suitcase to a man in Riyadh. They promised to return my money but kept stalling it."

The defendants then told the complainant to send them 85,000SR and that they would return his money after receiving the wired sum.

"I wired the sum to them in seven installments through money exchange offices. The last wiring transaction happened on May 30 and M.A. was named receiver. But the accused kept being evasive."

When the complainant came back to Dubai about two weeks later upon the defendants' request to take back his money, he complained to the police. "A.M. came to my hotel room and asked me to pay him 7,000. I called the police and he was arrested shortly later."

A police lieutenant said that they arrested M.A. at the Dubai International Airport while he was about to leave the country. "M.A. denied having gone to the complainant's room and robbed 915,000. But he admitted having received and cheated the Saudi of the sums he wired to him."


 






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