- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:52 06:05 12:13 15:36 18:15 19:28
A trading company in the UAE, which allegedly swindled goods worth several millions from various companies, has disappeared, claim its supposed victims.
The incident began to unravel a couple of months ago in December, and when affected companies went searching for their money, they were greeted with a message that read, “Happy Christmas,” pasted on the door of the shut office.
The trading company is said to have an office in a tower on Dubai’s Sheikh Zayed Road.
Apart from allegedly buying goods, mainly construction-related products, on credit it is said to have even sold a labour camp in Al Quoz to several different companies.
“We were shown a labour camp in Al Quoz with 200 workers. We were told that the camp is up for sale. We even paid the advance for the camp. Later, we realised that the camp was already sold to three or four other companies. There are no more workers residing in the camp now,” said a sales manager of one of the labour supply companies.
According to him, even the rent of the labour camp is pending for the last four months.
Another trader told 'Emirates 24|7' that he had supplied safety products for workers. “Our first consignment was for Dh45,000. Then, we issued the second consignment of goods worth Dh75,000. Both the cheques have bounced,” said the company’s owner.
“We did our enquiry and found that at least a dozen companies have been cheated,” he added. Other assumed victims say the trading company allegedly swindled its victims of up to Dh40 million overall.
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