SHARE

Dubai: An Indian businessman wanted on fraud charges running into hundreds of millions of dirhams in bounced cheques in the United Arab Emirates was lured back to Dubai by police under the ruse that he could make more money in a quick-grab deal, said authorities on Tuesday.

The unidentified suspect, police said, had fled the country after writing Dh624 million in cheques he could not financially back and he was arrested when he returned to Dubai International Airport.

Brigadier Ahmad Bin Galita, director of Rafaa police station, said the businessman has a company that specializes in petroleum products in the UAE.

Police said he was hiding for a month in India.

Read More