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Money laundering scam uses fake UN and DIFC logos

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Dubai’s finance authority has warned that scammers are targeting residents with false documents bearing the logos of the UN and the Dubai Internatio­nal Financial Centre.

The con artists are contacting people to tell them that US$6.5 million (Dh23.87m) has been cleared from money laundering and terrorism charges, and that they can receive the funds belonging to the people mentioned in the certificat­es.

They tell their target that they can receive the money by investing in a company called First Security Service, which they claim is incorporat­ed by the Dubai Financial Services Authority.

“The DFSA wishes to advise that the DIFC authority does not issue internatio­nal money laundering clearance certificat­es for the purpose of clearing individual­s from involvemen­t in any terrorist activities, and the false certificat­e appears to have been produced for a fraudulent and malicious purpose,” the authority said.

The fake clearance certificat­e also bears a false signature of the DIFC secretary general.

“There is no such authority as the DIFC secretary general,” the authority said. “The DFSA strongly advises that you do not respond to any communicat­ions from First Security Service or relating to this scam, and under no circumstan­ces should you send or give any money to any party in connection with the scam.” The DFSA warned it does not incorporat­e companies and that First Security Service has never been authorised or regulated by it.

“The signature on the fake Certificat­e of Incorporat­ion is not the signature of the chairman of the DFSA,” it said.

“The name of the individual who appears on the fake internatio­nal money laundering clearance certificat­e has been used without authority.”

Residents and financial services companies can access the DFSA website section dedicated to alerts about scams to check for updated informatio­n.

 ??  ?? The gate of DIFC
The gate of DIFC

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