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28 March 2024

Man steals Dh35,000 from money exchange, held within 24 hours

The man accused of embezzling Dh35,000 from a money changer, along with his two accomplices (all Bangladeshis)

Published
By Mohammad El Sadafy

 A money exchange staffer who had embezzled a large sum of money and was all set to flee the country was arrested at the nick of time.
 
Sharjah Police had received a complaint from the money exchange at Khor Fakkan that some cash was missing and that one of their accountants was also missing.
 
The police immediately went into action and tracked down the ‘missing staff’. The suspect – a Bangladeshi – was ready to leave the country. He had embezzled Dh35,000 from the exchange.
 
The suspect also confessed to embezzling money from the exchange since last year and added that he had transferred that amount to a foreign country.
 
Meanwhile, two other Bangladeshis have also been arrested for helping the main accused flee the country. One of them had taken him to Ajman in return for Dh35,000 [that he had stolen], while the other and bought him a new SIM card to help mislead police. 
 
The suspect was ready to escape from the UAE in a Toyota Prado. The police officials of Dubai, Ajman and Sharjah jointly arrested the suspects in less than 24 hours after receiving the complaint.
 
They have been referred to the Public Prosecution.