Abu Dhabi Police GHQ on Saturday announced arrest of a policewoman for duping public of AED 2.8 million in the name of a fake investment company she claimed to have set up.
According to the Abu Dhabi Police, following complaints from victims, the Criminal Investigation Department (CID) formed a team of investigating officers to crack the nut that led to the arrest of N.A., a 41-year-old female police officer in the Capital.
The investigating team discovered that she had targeted common men, offering them to invest in her company with a promise to triple their investments.
Major-General Mohammed bin Al Awadhi Al Menhali, Director-General of the Abu Dhabi Police Operations, said: “This has been a very successful operation by the investigating team. The Abu Dhabi Police will not allow any one to malign the department’s name and will never permit such embezzlements to be conducted by the staff members, no matter what ranks they posses.
“This was crime by an individual within the police department. I also assure that this case does not affect the department’s reputation. People should never invest in companies other than those licensed and authorized by the government.”
Brigadier Hammad Al Hammadi, CID Director, said the culprit had prepared her plan very well to cheat people of their hard-earned monthly incomes.
“At least 10 people invested their salaries last year in her fake company. The total amount she managed to siphon was Dh2.8 million. They were promised 200 per cent profits on their investment in her fake company of flower shops across the emirate,” he said.
The investigation also revealed that the woman police officer distributed brochures, offering people massive profits for their investments in her company, through news boys.
“The wordings and terms and condition of the brochures were so attractive that anybody could fall prey to her offerings. With this, victims gave whole of their money to her,” Al Hammadi added.
The officer, who oversaw the entire investigation, said the victims realized that they were cheated by the woman only after they asked for the monthly profits. “She had to no money and disappeared. The investigation revealed that she had invested the entire AED 2.8 million in building a new villa for her,” Al Hammadi said.
The officer further advised that no one, even government and multinational financial companies could offer such huge profits. “Never invest in companies that are not licensed and authorized by the government regulatory bodies,” he advised.