Public Prosecution points warning in opposition to pretend foreign money sellers

WAM

The UAE Public Prosecution is urging the general public to change currencies solely by way of licensed entities.

The reminder comes because the authority has launched an investigation into the operations of a gang that promoted counterfeit currencies on social media platforms, passing them off as real ones.

The suspects lured prospects by providing reductions of as much as 50 per cent off the precise foreign money worth.

They would hand over the pretend foreign money to their victims and obtain real UAE dirhams in return earlier than making a fast getaway.

The UAE Public Prosecution urges the general public to change currencies by way of licensed authorities and to not heed deceptive ads on social media platforms. It orders the imprisonment of a felony gang concerned in counterfeiting currencies.https://t.co/8OiZOXFTcO pic.twitter.com/LQ568CqVan

— النيابة العامة (@UAE_PP) September 15, 2023