A Dubai court has ordered two men to repay Dh4.4 million and pay an additional Dh300,000 in compensation after defrauding an investor through a scheme involving a false promise to secure a UAE Golden Visa.
The Dubai Civil Court issued the ruling after the victim filed a civil lawsuit seeking to recover the money and obtain compensation for the financial and personal harm caused by the fraud. According to court documents, the two men approached the investor with what they presented as a straightforward investment opportunity linked to obtaining a 10-year Golden Visa through official channels.
The victim subsequently transferred Dh4.4 million to the pair. However, after receiving the money, they stopped communicating with him and failed to process any legitimate residency application. The funds were instead misappropriated for their personal benefit.
The investor reported the incident to Dubai Police, prompting a criminal investigation. The Dubai Criminal Court subsequently found both men guilty of fraud and unlawful appropriation of third-party funds. In the subsequent civil proceedings, the court held them jointly liable for the financial losses and ordered repayment of the original amount, along with Dh300,000 in compensation, legal fees, interest and court expenses.