Abu Dhabi, UAESunday 16 June 2019

Sales manager who stole Dh13m given life sentence

Man wired cash to his New York bank account

A sales manager found guilty of stealing millions of dirhams from his employer has been sentenced to life in prison.

The man, 43, and his co-accused, 33, were charged with forging documents to arrange illegal bank transfers totalling Dh13.4 million.

Dubai Criminal Court heard how the manager, from Kazakhstan, posed as his employer to gain access to his bank.

He then siphoned off money to an account in New York under his own name.

On discovering the fraud, the victim contacted police who immediately began an investigation.

Detectives were unable to arrest the suspects after it was discovered both had fled the UAE in September last year.

The sales manager, who remains at large, was convicted in his absence and fined Dh1m. His co-accused was cleared of all charges.

Updated: February 20, 2019 03:15 AM

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