Investor jailed for forging files to get Dh262K loan

He introduced himself as a physician and wanted to avail of a Dh262,000 personal loan. I told him to arrange for the required papers.”

Egyptian salesman, witness

dubai — An investor, who tried to obtain a Dh262,000 bank loan using forged documents, was recently sentenced to three months in jail by a Dubai court.

Prosecutors accused the 41-year-old Pakistani man of forging documents — including a salary certificate, salary statement and a labour card — to apply for a bank loan. He has an accomplice who remains at large.

He denied charges of forgery, use of fake documents and fraud attempt, but the Dubai Court of First Instance found him guilty and ordered his deportation after he completed his jail term. The court also ordered the confiscation of the documents he used.

The case dated back to June 2018 and was registered at the Bur Dubai police station.

An Egyptian salesman at the bank told the prosecutor that he was promoting the bank’s services and facilities at a hospital when the accused approached him.

“He introduced himself as a physician and wanted to avail of a Dh262,000 personal loan. I told him to arrange for the required papers.”

A few days later, the defendant called the salesman and asked for a meet-up in Abu Hail.

“He submitted a labour card and other documents. However, I learned later from the bank’s administration that the loan applicant was arrested for attempted fraud as the papers he had presented were all fake,” the witness said during the public prosecution investigation.

The documents that the defendant presented included a salary certificate — which he falsely attributed to the Dubai Health Authority (DHA) — a salary statement, and a passport stamped with a forged residence visa.

A letter from the General Directorate of Residency and Foreigners Affairs confirmed that the residence visa on the investor’s passport belongs to another person.

A letter from the DHA denied that the man’s salary certificate was issued by their office.

All the papers, which the accused had presented to the bank, were seized by the public prosecution and served as evidence.

The accused remains in detention since his arrest on July 17 last year. He may appeal the court ruling within 15 days from the issuance date.