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“Fake ‘trading’ scam… A man loses 70,000 dirhams in a fraudulent investment.”

Source: Abu Dhabi – Akhbar Al Youm

The Al Ain Court of Civil, Commercial, and Administrative Cases ruled that a woman must repay AED 70,000 to a man after she fraudulently seized the amount through online platforms, along with an additional compensation of AED 10,000.

The case details reveal that the defendant convinced the plaintiff to invest his money in online trading, before taking the amount after communicating with him via Instagram and WhatsApp. She had previously been convicted in a criminal judgment for fraud committed through information technology networks.

The court confirmed that the criminal judgment had already settled the core facts of the case and established the defendant’s liability for unlawfully seizing the money, which requires her to return the full amount.

The court also recognized the plaintiff’s right to compensation for both material and moral damages he suffered, including the loss of benefit from the funds and psychological distress. The compensation was set at AED 10,000, bringing the total awarded amount to AED 80,000, in addition to fees and expenses.