Dubai Police have arrested the gang that tricked people with fake trading offers on social media. The group promised big investment returns, but it was all a scam.
Police confirmed the arrests through an official statement. The operation was part of their “Be Aware of Fraud” campaign. Investigators tracked the gang through digital clues and victim reports submitted to a Dubai Police Station.
The gang ran ads and made calls pretending to be from real trading firms. They convinced people to invest by promising fast profits. Victims transferred money to foreign accounts — and never saw it again.
Dubai Police’s cybercrime team acted fast. They identified and located the gang and carried out a raid. Officers seized phones, laptops, fake IDs, and documentation during the arrest at a Dubai Police Station.
Many victims were young professionals and expatriates who were drawn in by flashy promises. Some lost large amounts before realizing the fraud. Police say the gang had operated with well-crafted fake testimonials and marketing.
Authorities are now urging people to stay cautious online. They advise never sending money to unknown sources or offers that sound too good to be true. Always deal with licensed, verified platforms. Victims can visit a Dubai Police Station or use the eCrime platform to report suspicious activity.
Dubai Police say this is part of a broader push to stop online scams. Investigations continue, and more arrests linked to the gang may follow.
