Arrests come after an Arab national in possession of US$20 million (Dh73m) tries to hire an Emirati man to convert the notes into dirhams.
Four held after $17m counterfeit notes find
Police in Ras al Khaimah have arrested four people and seized US$17 million in counterfeit cash. The arrests came after an Arab national, who was allegedly in possession of US$20 million (Dh73m), tried to hire an Emirati man to convert the notes into dirhams, allegedly offering him Dh10 million for his services. After watching the suspect, his wife and his home for five hours, officers from the RAK criminal investigation department instructed the Emirati to proceed with the arrangements.
The courts granted police a warrant to raid the house, where they found $17m in counterfeit cash. The suspect and his wife were arrested, and equipment that had allegedly been used to make the fake notes was seized. Police said the couple had confessed, leading to the arrest of two other men. All the suspects are over 35 years of age. Lt Col Salam al Darmaky, the head of RAK CID, urged people to be alert against fraud and counterfeit notes.
The case has been forwarded to the Public Prosecution.
* The National