Wednesday, 18 August 2021

40 people jailed, fined Dh860m for fraud and money laundering in #AbuDhabi | Crime – Gulf News

40 people jailed, fined Dh860m for fraud and money laundering in Abu Dhabi | Crime – Gulf News

At least forty defendants of different nationalities were sentenced to prison terms, ranging between 5 and 10 years and a fine of about 860 million dirhams in total for fraud and money laundering, the Abu Dhabi Criminal Court has ruled.

Twenty-three defendants were handed down 10 years in prison and Dh10 million fine each, 11 others got seven-year prison and Dh10 million fine each, while another convict was jailed five years and fined Dh10 million.

The court also sentenced five defendants to six months in prison and a fine of Dh20,000 each. The court also ordered confiscation of all funds and proceeds of the crime and deportation of 23 foreign convicts after serving their terms.

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