Police Arrest Gang Over Online Payments Fraud

Police in Dubai have arrested 3 men over the alleged theft of credit card information stolen from online transactions. The gang have stolen 16,975 credit card details from people making online payments on government and e-commerce sites.

The arrests came after intelligence was received in July, but came to late to stop an estimated £40million being defrauded. It is believed that the gang used the stolen information to then buy commodities such as gold and diamonds.

Police are also making arrangements to extradite a fourth man who is believed to be involved with the fraud, but left the company before he could be arrested.

The arrests follow speculation that card fraud is becoming increasingly common in Dubai and has similarities to a gang caught using stolen cards to buy laptops and other high value electrical items.

The CID team in charge of the arrests have renewed warnings to the public to remain vigilant in checking their bank account and credit card statements.