DUBAI’s money laundering court sentenced a 30-member gang of scammers to a combined total of 96 years of imprisonment after they have been found guilty of laundering money and embezzling Dh32 million in an online scam targeting individuals and companies.
The group will be deported from the country after serving their sentence.
The court required the defendants to jointly pay a fine of over Dh32 million and has the right to confiscate funds or assets belonging to the culprits to cover the fine.
The court ordered the confiscation of computers and phones used in the crime.
Seven companies were also slapped with fines worth Dh700,000 for their involvement in the case.
The gang stole the money by sending 118,000 phishing emails to victims as well as impersonating banks and financial institutions with whom the victims had business relationships.
The United Arab Emirates has adopted sophisticated investigation methods and techniques to effectively tackle money laundering cases in the country and has shown zero tolerance against those involved.
