Beware of Scammers

Crypto Currency | Online Investment
18 April 2024 by
Research Team

Investment fraud occurs when individuals deceive you into investing money. This can involve stocks, bonds, notes, commodities, currency, or real estate. Scammers might lie or provide false information about a legitimate investment or create a completely fake investment opportunity. If you fall victim to investment fraud in the UAE, you can file a case with the police or in the civil court. However, you must have evidence to support your claim that the individual borrowed money from you with a promise to repay by a specific date. Without such evidence, you cannot file a case in the UAE.