based upon mail fraud and wire fraud, together with claims for legal malpractice, breach of fiduciary duty, conspiracy to embezzle
and defraud and unfair business practices.
Dubai: A vendor has been accused of attempting to swindle a bank and embezzle Dh1 million using someone else's Emirates ID and forging a signature on a money transfer form.
and filled in a money transfer form at the bank in an attempt to embezzle Dh1 million before he was exposed due to a discrepancy in the signature in December.
He abused his post to gain access to the electronic system of the station and tampered with the revenue figures and thus managed to embezzle
The accused managed to embezzle
the money after tampering with application fee receipts from March to October 2012.
Dubai: A visitor and a clerk have been accused of forging an Emirates ID card that they used to embezzle
around Dh1 million in cash and credit cards from a local bank.
He would at other instances tamper with electronic data and increase the revenues on payments by credit cards and decrease the revenues on payments by cash and embezzle
money from his employer to finance a lavish apartment for his mistress to whom he poses as a famous painter.
He said in a press statement that if a person misappropriates or embezzles
one million Rs today and after twenty years, this comes into the notice the culprits has to deposit the actual amount embezzled whereas the value should be calculated with the time value of the money.