Sunday, February 16, 2025
Today’s News

Three People were Detained in RAK with More than Dh27 million in Counterfeit Money

Due to their intention to circulate counterfeit foreign cash within the United Arab Emirates, three Arab citizens were arrested. A total of $7.5 million (Dh27.5 million) was seized. The arrests came after a source alerted authorities to the fact that a businessman in Ras Al Khaimah was preparing to distribute the fake money with the assistance of two accomplices.

A dedicated task team was established right once to look into the tip and deal with the matter. The gang and examples of the counterfeit cash were apprehended through undercover operations. More counterfeit currency was found during a follow-up search of their homes. The accused have been referred to the Public Prosecution, and legal proceedings have begun.

Because it damages the national economy and erodes financial confidence in both domestic and foreign markets, Ras Al Khaima Police reaffirmed that counterfeiting currency of any kind, whether for possession or promotion, is a severe crime that is penalised by law. The public was advised by the police to stay away from financial fraud and counterfeiting schemes and to notify the authorities right away if they detect any counterfeiting activities.

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Sunday, February 16, 2025

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