The Dubai Financial Services Authority announced today that La Trisori Limited has been fined 612,790 dollars (about two million 250 thousand and 800 dirhams), including the amount of 261,154 dollars (approximately 960,000 dirhams), in addition to the benefits as a refund of gains Illegal the company received.
The Dubai Financial Services Authority stated in a statement that it had taken this action against "La Tresore" (a company licensed by it) due to numerous and serious violations of the laws of the authority, arising mainly from its continued practice of providing cash services to its customers (illegal cash services), noting that This action against the company comes to deter others and protect customers.