Abu Dhabi Police arrest suspect in Dh14 million gold jewellery fraud

Abu Dhabi Police have apprehended the principal suspect in a Dh14 million gold jewellery fraud following a complaint within hours of its receipt. The Criminal Security Sector at Abu Dhabi Police revealed that the suspect had allegedly posed as a representative of high-profile businessmen and VIPs to obtain valuable jewellery without making payment.

The case emerged when the owner of a jewellery shop reported the suspect to the authorities, alleging that he had claimed to work on behalf of several prominent businesspeople and influential figures in the UAE. The suspect allegedly collected substantial quantities of gold jewellery against invoices, promising payment later, but failed to fulfill his financial obligations.

Investigators used advanced technologies and data analysis to locate and identify the suspect, who was subsequently found hiding at an annex attached to a house in Abu Dhabi. During the arrest, police discovered boxes of gold jewellery, invoices, and related documents. The suspect reportedly admitted to disposing of the remaining jewellery by selling it.

Abu Dhabi Police emphasized the importance of verifying customers' identities and legal authority to represent others when dealing with high-value transactions, urging traders to secure payment through reliable financial procedures.