Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
Last updated 6 hours, 15 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
Duo jailed for Dhs938,000 realty fraud
BY HAMZA M. SENGENDO January 27, 2018
 Print    Send to Friend

Dubai: Two men who cheated an investor out of his Dhs938,080 in a bogus rental deal have been sent to spend one year in jail after which they will be deported.

Both Asian men –a businessman, 44, and a broker, 29- counterfeited two ownership certificates attributed to the Land Department showing that the broker owned two realty units in Dubai.

The businessman who worked at a realty office gained the confidence of the Indian investor, 29, by summoning him for a meeting at the office. The investor got reassured he was dealing directly with the office.

The businessman showed him the bogus certificates and duped him into issuing cheques in favour of the owner (the broker in disguise). Both the businessman and broker walked away his Dhs938, 080. The Dubai Criminal Court has sentenced both to spend one year in jail to be followed by deportation.

It also ordered them to pay Dhs21,000 worth temporary civil compensation to the investor. In records at Al Barsha Police Station, the investor complained that in April 2016 he came across an ad about property units for sale in Dubai. He contacted the provided number and the businessman responded.

“He told me he had two units at a sale price of Dhs2,245,200. I accepted to buy from him. He took me to the units and opened the door for me. I examined them and liked them,” explained the investor.

The investor requested to see the relevant documents. The businessman showed him copies of ownership certificates bearing the broker’s names. The businessman duped the investor into issuing Dhs938,080 cheques.

“Two days later, the broker cashed the cheques. When I tried to contact him I found he had left the country. The Land Department notified me the units belonged to someone else. I realised I had fallen victim to a fraud.”

The realty office’s Azerbaijani manager said the businessman had a long experience in the realty field. “He worked for us for nearly one month and brought us customers. He suddenly absconded.

We learnt he had conned a number of customers.”

Add this page to your favorite Social Bookmarking websites
Post a comment
Related Stories
Dhs6m worth of fake goods seized
AJMAN: The Department of Economic Development — Ajman (DED-Ajman) announced the seizure of two warehouses in Al-Jaraf industrial area, confiscating more than 60,000 fake ..
Trio jailed, fined Dhs300,000
DUBAI: A pimp who plunged from a second floor window escaping from a bloody brothel brawl was on Sunday jailed for five years and fined Dhs100, 000 with two cohorts. T..
Man in jail for running over worker
ABU DHABI: The Abu Dhabi Criminal Court has ruled that a Gulf national, convicted of killing a worker deliberately by using his vehicle to run over him in his father’s ma..
Brothers get 25-year-jail for grisly murder
DUBAI: Two brothers who butchered a negotiator for conning them out of more money instead of helping to solve a Dhs1.3 million dispute were jailed for life on Sunday. ..
Amnesty response huge
DUBAI/ SHARJAH: The General Directorate of Residency and Foreigners Affairs in Dubai witnessed a remarkable turnout of illegal immigrants in the past three days, who atte..
Advertise | Copyright