Several UAE residents have reported losing large sums of money after transferring funds to a broker that operated from virtual offices and then cut off contact. Red Flags Around the Broker The company, operating under the name Skyline Trading and related entities, claimed to be a global brokerage but relied heavily on telesales agents making…
When Dubai resident Waseem Raza searched online for “cheap cargo to Pakistan,” he thought he had found the perfect solution with Pakistan Raveed Alam Cargo Service. The company promised low-cost, door-to-door delivery and quickly collected his five cartons of electronics, clothes, and family memorabilia for just Dh300. Months later, the items never arrived in Karachi,…
With the Asia Cup schedule officially announced earlier this week, cricket fans are eagerly awaiting ticket sales, especially for the high-voltage India vs. Pakistan group-stage clash on September 14. However, scammers are already targeting fans, with fake ticket websites offering passes for exorbitant prices, even before official sales have begun. A quick Google search using…
Emirates has issued a strong warning to customers about a rising number of fraudulent advertisements circulating on various social media platforms. These deceptive ads are tricking users into purchasing fake tickets, sharing personal information, or clicking on malicious links. The airline revealed that scammers are mimicking Emirates’ official branding, using fake visuals and links that…
Bait Al Abyad Cloth Pressing, believed to be Dubai’s oldest laundromat, is on the verge of closing after its owner, Ravi Verma, lost Dh34,000 in an online scam. Established in 1978 by Verma’s father-in-law in Jumeirah 1, the shop has served customers for nearly 50 years but now faces an uncertain future. Verma explained that…
Dubai Police have successfully apprehended a cybercrime gang that defrauded victims by posing as investment brokers and promoting fake trading schemes through social media platforms. The arrests were carried out by the Anti-Fraud Centre at the General Department of Criminal Investigation following a series of complaints from victims. The operation was part of the national…
Actor and TV personality Archana Puran Singh has revealed that her family was scammed during their vacation in Dubai, shedding light on the growing number of online frauds even in cities known for safety and regulation. In a candid YouTube vlog, Archana shared how they lost a considerable amount of money after booking indoor skydiving…
In a major scam rocking Dubai’s business community, a company posing as a legitimate ship chandler has vanished with goods and services worth over Dh25 million, leaving nearly 100 suppliers across the UAE in financial distress. The Fraud OperationOperating under the name Rak Marine Services, the company rented offices in Al Reem Tower, Deira, and…
Dozens of investors have been left devastated after Gulf First Commercial Brokers, a Dubai-based brokerage firm, abruptly shut down operations, vanishing with millions of dirhams in client funds. A police complaint has been filed against Gulf First and its associated entity, Sigma-One Capital. The firm’s once-bustling offices at Capital Golden Tower in Business Bay now…
The Ministry of Interior has issued a fresh warning urging residents in the UAE to stay vigilant as online scams grow more sophisticated, targeting unsuspecting individuals through social media and messaging platforms. In a newly released awareness video, the ministry highlights the case of a civil engineer who lost Dh42,000 in a scam that began…