{"id":8944,"date":"2018-01-11T06:29:07","date_gmt":"2018-01-11T06:29:07","guid":{"rendered":""},"modified":"2018-01-11T06:29:07","modified_gmt":"2018-01-11T06:29:07","slug":"scam-warning-dfsa","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/announcements\/scam-warning-dfsa\/","title":{"rendered":"Authorities Are Warning Against A Massive Financial Scam Circulating in Dubai"},"content":{"rendered":"
A financial scam looking to swindle Dubai residents out of hundreds of thousands of dirhams is circulating and the authorities have issued a warning.\u00a0<\/p>\n
The Dubai Financial Services Authority (DFSA) has received reports of scammers impersonating the authority, impersonating its chairman, commercial banks and government entities.\u00a0<\/p>\n
The scam is said to trying trick consumers by informing them they are beneficiaries of several million dirhams through a fund, but have to pay AED200,000 in service charges in order to redeem the cash.\u00a0<\/p>\n
Residents are warned to proceed with caution in financial transactions and to always verify sources.\u00a0<\/p>\n