Artificial Intelligence plays a crucial role in ensuring reliable connectivity and advancing digital inclusion
business technology review3 hours ago
The Dubai Criminal Court has sentenced four defendants to three months to three years in prison, followed by deportation, and fined them Dh210,000 for stealing Dh2.5 million from a woman.
According to the investigation, the woman had asked two of the defendants, who were working at a local bank, to help her transfer Dh2.5 million from her UAE account to another account, which was owned by the third defendant.
The two employees took advantage of the nature of their work to forge documents and signatures and embezzle the woman's money.
The Public Prosecution ordered the punishment of the accused for embezzling the funds, exploiting their positions at the bank to cause harm to the company and forgery of official documents.
The prosecution also charge the four defendants with a count of misdemeanour for forging documents and money laundering.
ALSO READ:
Artificial Intelligence plays a crucial role in ensuring reliable connectivity and advancing digital inclusion
business technology review3 hours ago
Global Gold & Currency Corporation unveils an easy gold trading platform, empowering investors of all levels
kt network3 hours ago
The event saw an overwhelming participation of over 500 individuals from various sectors of the community
kt network4 hours ago
The initiative promises to be a game-changer for aspiring footballers
kt network4 hours ago
Also called the UAE Union Day, the UAE marks the National Day on December 2 every year to celebrate the unification of the Emirates in 1971
uae4 hours ago
The case is still under investigation, according to the authority
uae4 hours ago
Investigations show that the money exchange business violated anti-money laundering rules
finance4 hours ago
The summit will attract over 500 global delegates, including limited partners, high net-worth individuals, and family offices
kt network5 hours ago