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Dubai Police warn of rising fake investment schemes online

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Balaram Menon·6 months ago
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Public urged to stay alert as fraudsters target victims with fake trading offers

Last updated: April 26, 2026 | 11:27

Public urged to stay cautious and avoid sharing personal details.

Dubai: Dubai Police have warned residents about a growing number of fake investment and trading schemes circulating online, as part of their ongoing “Beware of Fraud” campaign.

Authorities say fraudsters are increasingly using social media and digital platforms to promote bogus investment opportunities. These often appear as attractive advertisements or direct messages offering quick and guaranteed returns.

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Victims are lured with promises of high profits in a short time. Once engaged, they are pressured to transfer money urgently or share personal and banking details through suspicious links.…

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