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UAE Authorities Catch Three Suspects in Dh1 Million Phishing Scam

UAE Authorities Catch Three Suspects in Dh1 Million Phishing Scam

News
Officials Warn People to Be Careful with Online Money Transactions On Monday, the 18th of September, the Ras Al Khaimah Police received a report from a company that it had encountered a phishing scam worth 281,000 euros (around Dh1.077 million). The Ras Al Khaimah Police arrested three suspected individuals within three hours. The gang members were arrested in Dubai in cooperation with Dubai Police. Colonel Tariq Mohammed bin Saif, Director General of Police Operations at Ras Al Khaimah Police, explained that the incident came to light when the victimized company reported the e-phishing incident to the authorities. This company fell victim to an electronic phishing scheme, resulting in a substantial financial loss. Describing how the cybercrime unfolded, Colonel Tariq said...