Dubai financial authority warns of $6.5 mln scam

The certificate claimed that the money belonged to an individual who has been cleared of any terrorist involvement. (Shutterstock)

The Dubai Financial Services Authority (DFSA) released a statement on Sunday warning residents about a fraud attempt using a fake document purporting to be from the Dubai International Financial Centre (DIFC) to claim $6,500,000.

According to the Khaleej Times, the fake International Money Laundering Clearance Certificate had the official logo of the UN and DIFC, and a forged signature of the “DIFC Secretary General”.

dubai financial scam.

dubai financial scam.

The certificate claimed that the money belonged to an individual who has been cleared of any money laundering or terrorist involvement, therefore he can now receive it, the newspaper reported.

In their statement the DFSA added that the scammers also issued a “Certificate of Incorporation” claiming that an entity called First Security Service is incorporated with DFSA.

The DFSA has informed residents and the financial services community that there is no such thing as a DIFC secretary general, and that the DIFC does not issue money laundering clearance certificates.

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Last Update: Wednesday, 20 May 2020 KSA 09:52 - GMT 06:52
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