"Financial crime that was detected in Dubai topped Dh200 million during last year and the first quarter of this year, according to Dubai Police’s General Department of Anti-Economic crime.
Department Director Major Salah Bu Osaiba said the police had arrested 371 suspects for involvement in those crimes — which relate to selling thousands of fake electronics and counterfeit products, using forged credit cards and money multiplication — with 130 cases coming in the first quarter of this year alone.
The General Department of Criminal Investigation Director Brigadier Khalil Ibrahim Al Mansouri said the economic department was providing protection to trademark owners who chose Dubai to be their regional hub, while the police were exerting tireless efforts to help companies which were harmed by the sale of counterfeit products. Damage came in terms of lost sales and damaged company reputations, he said."
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