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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Court Verdict
A Sharjah court has sentenced a man to six months in prison for defrauding an Arab buyer of Dh692,000. The scam involved a fake transaction for 160 iPhone 17 Pro Max devices. The court found the defendant guilty of fraud under UAE law and ordered him to pay court fees. The victim's compensation claim has been referred to a civil court.
## Fraudulent Scheme
The defendant falsely claimed to own a mobile phone trading business and promised to supply the iPhones. Investigations revealed that he did not own such a business and had no stock of the phones. The buyer, believing the transaction was legitimate, handed over the cash in February 2024.
## Deceptive Tactics
After receiving the money, the defendant left the meeting location, promising to return with the phones but never did. He later misled the buyer with false messages about the delivery location, giving himself time to escape with the money.
## Legal Proceedings
A witness confirmed the cash handover, supporting the buyer's account. Despite the defendant's denial of the charges, the court ruled the case as deliberate fraud. The victim's lawyer argued that the defendant's actions were a planned scheme rather than a business dispute, seeking Dh52,000 in temporary compensation for financial losses.
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