Abu Dhabi man held for money laundering
By IANSWednesday, June 30, 2010
Abu Dhabi, June 30 (IANS/WAM) One person was arrested here Wednesday for duping people of 102 million dirhams ($28 million) in the name of a non-existent investment firm.
The 28-year-old man lured at least 325 people to invest in a firm in the name of a dead person, said Deputy Director of Police Operations Brigadier Omeir Mohammad Al Muhairi.
–IANS/WAM
YOUR VIEW POINT
