The competent judicial authorities in Dubai are investigating a famous Asian influencer on social media for fraudulently seizing the funds of others, after a resident in the UAE issued a report against him by seizing more than 500,000 dirhams for the purpose of investing in projects, which later turned out to be illusory. Testimony of the victim, who issued a communication on 28 October at Bur Dubai Police Station.

A judicial source told Emirates Today that the Public Prosecution has requested the recording of another complainant's statement against Al-Barsha Police Station against the defendant himself, allowing him to submit a memorandum detailing what happened to the prosecution without registering a criminal report, while the defendant was arrested pending the first case. .

One of the victims, who injected millions of dirhams to invest in his projects, told Emirates Today that he introduced himself to them as an entrepreneur and investor in several fields including real estate investment, digital currency and education, renting luxury cars, technology and media, pointing out that hundreds were excited to invest With him, given a minimum acceptable investment starts around 30 thousand dirhams, while dozens of large sums of money, including an American pumped one million and 800 thousand dirhams.

The man, who declined to be named, said he personally paid about 170,000 dirhams to invest in a cryptocurrency coined by the accused, such as Bitcoin.

He added that the defendant was convincing when he met him and seemed confident in himself, and promised everyone that they would financially resign within a few months of investment with him, which encouraged him and many others to pump money in his projects.

The number of followers of the accused on «Instagram» exceeds 800 thousand followers, and identifies himself as an influential on social networks and entrepreneur, investor and social counselor, and lives - according to the victims' statement - in Burj Khalifa, and loves cars and luxury on his account in the application «Instagram» with RollsRoyce car , And Ferrari, also presents himself as a friend of a number of celebrities.

According to victims' testimonies, he targeted people from several countries, attracting a large number of them through a network known as' Muslim businessmen ', which he and his brother joined in 2015, and then lured its members with rapid gains of 10% on the amounts they invested, and later discovered that they It was lost, and the estimated number of victims is about 1500 people, who transferred their money to the bank account of a company in the name of one of his brothers. A security source told Emirates Today that the prosecution is the competent authority. The arrest of the accused has aroused the interest of many social media pundits, who have criticized being dragged behind fictitious investors for glamorous appearances, including luxury cars and fantasy promises of rapid riches.

The defendant introduced himself as an entrepreneur and investor in real estate, cryptocurrency and education

500

One thousand dirhams seized by the accused in order to invest in mock projects.