Several cases of credit card fraud in the United Arab Emirates have resulted in losses of more than 200,000 dirham (US$54,443 or 39,000 euros), a top police official in the country told a local newspaper recently.
More than 100 card-fraud cases were filed during the first three months of this year compared with 88 cases filed during all of last year, Al Shaikh said.
Major Khalid Arif Al Shaikh, head of the forgery section at the anti-economic crime department at Dubai Police, told Emirates Business that individuals from Africa and the Far East top the list of suspects in credit cards cases, followed by Arabs.
In most cases his department has investigated, hackers cloned a consumer’s credit card and made counterfeit cards they used or sold to other fraudsters, he said.
PaymentsSource was unable to get direct comments from the official, who declines to talk with international media on local cases.
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