A GCC national has been arrested by Al Qusais Police Station for defrauding car sellers by issuing dud cheques against buying luxury cars.
According to sources, the suspect targeted car owners who advertised on Internet to sell their luxury cars and convinced them that he would by the vehicle.
After approaching the sellers, he would offer high prices and give them cheques. He usually gave the cheques on Thursday afternoon so that the seller would not be able to present it on the same day as the bank would be closed. Once the ownership of the vehicle is transferred into his name, the suspect used to switch off his mobile phone.
The seller would realise about the fraud only when he present the cheque at the bank on the next working day.
The police said there were eight complaints registered against the suspect. Earlier, he was sentenced to three years imprisonment for the same crime.
After receiving the complaints, the police set a trap for the suspect and managed to arrest him. He has been referred to the Dubai Public Prosecution.
Brigadier-General Yousef Al Adidi, Director of Al Qusais Police Station, revealed that the police managed to settle 1,429 cheque cases, valued Dh144 million amicably.
Establishment of the smart system for companies and banks has made it easy for the public to open cheque cases through the Dubai Police smart app or website, without going to the police station.
Last year, Al Qusais Police Station recorded 8,295 cheque cases, valued at 1.154 billion.
“Most of the cases are related to commercial and real estate transactions. The police have conducted a study to reduce dud cheque reports in coordination with the Central Bank.”
The measures taken included ensuring that cheque books are issued to companies only after studying the solvency and capital of the firm. In case of individuals, the number of cheques would be in line with the person’s income. The study recommended educating the public more about cheque transactions, and spreading awareness that they would not sell their cars after receiving cheques.