Q: I believe that I am a victim of a crypto scam. I met a girl on tinder on 17/06/21 and after talking, we exchanged numbers. She onboarded me to Binance using step-by-step screenshots, helping me to set up an account. She then asked me to set up an account on another platform which I now believe is a fake platform. Over a period of three months, she consistently encouraged me to deposit more and more money, and I was making huge returns. In total, I deposited around 250k USD and supposedly had returns of 850k USD. But just recently when I tried to withdraw some of this, my withdrawal was declined and customer services told me I had to pay 150k USD in tax in order to access these funds. I was very suspicious now and refused to pay. It was at this point that customer service stopped replying to me. I hope I can recoup some of the losses and this person can be brought to justice.

Q: What is the best way to recover money from a cryptocurrency exchange scam? The platform I'm using to trade cryptocurrency is based in Singapore but operated by Chinese people. I have invested 150k AED into it, coming all from my credit cards. When I wanted to withdraw money, the customer service said that I need to pay taxes on the profit amount. After paying taxes to them, they are now saying the financial intelligence department found that my account is abnormal and suspected of money laundering due to recent frequent trades and excessive txn volume. They want me to deposit 20% of my account amt (10k USD) within a week to prove that I didn't launder money, or it will be frozen and will report me to the FI dept. Can you please advise if this is legal according to the laws and regulations of Singapore? I don't have money anymore to pay them and I think it's just a scam. The platform recently had the system upgraded and changed; no license, no t&cs, no physical address, no phone number. Shall I report to the police now?

Q: Good morning. Someone stole information from my phone and is now using it to terrorize my contacts. He saved all contacts, photos and videos, some of which including other people. He keeps texting and threatening to post them on social media. How do I handle this situation without incriminating the people in the photos/videos?

Q: Dear sir/madam, Is there a chance to recover my 35,000 AED which was taken by fraud from my account on June 9, 2022? The bank told me that the money was blocked and asked me to file a dispute.

Q: Hello all, I am based in the UAE; however, I have been a victim of scammers recently and am facing much distress. I ordered some items like an iPhone, a laptop, AirPods, a Play Station, and smartwatches, and paid the whole payment upfront, but that scammer didn't deliver anything to me. I lost almost 15,000 AED, and now I have opened a case against the scammer with Dubai Police. I transferred the payment through an exchange by domestic transfer inside the UAE via 10 transfers because the scammer kept citing the delay in delivery and asked for more and more money to deliver the order. I admire that I had enough stupidity to transfer the payment with almost blind faith in the scammer. I have all the WhatsApp conversations which happened between me and the scammer, and all the payment confirmation slips, and the Emirates ID of the scammer. My concern in writing this email is to get the money back from the scammer. Thanks!

Q: Dear Sir/Madam, Unfortunately, I have fallen victim to cybercrime. One of our clients received a suspicious email containing a forged letterhead with a photoshopped signature and stamp, as well as an unauthorized IBAN (International Bank Account Number) that does not belong to us. As a result, the client transferred funds to that fraudulent account without confirming with us. Regarding our legal rights to recover the payment, it is essential to seek advice from a qualified attorney who is familiar with cybercrime and financial fraud. They will be able to guide us on the best course of action. Depending on the jurisdiction and circumstances, we may explore options such as initiating a legal case against our client to recover the funds. However, it is essential to have proper legal counsel to ensure that we take the appropriate steps and protect our rights throughout the process.

Q: Someone scammed me. How can I catch him if he disappeared in Dubai? I have his passport info, WhatsApp numbers, national ID card, visit visa page, and some WhatsApp chat. Can I find him with the help of the police?

Q: Hello, We have been scammed by an individual who did not provide the stated service. They took a lot of money and important documents. I have audio recordings of him talking about these things. We had a bad lawyer in Iraq who stole property by forging documents. This man said he had many connections to help us. While it was true that he had connections, he didn’t actually help us. Instead, he cooperated with the bad lawyer, agreed with him, and gave the bad lawyer all our important documents.

The new law is applicable to all entities dealing with virtual assets that are set up on the mainland as well as free zones, including special development zones. However, it does not apply to the Dubai International Financial Center (DIFC), which will have its own set of rules and regulations governing all virtual assets entities registered with the DIFC.

Blackwater International, a leading private security and investigative company, has established a reputation for handling complex and high-stakes operations. One of the most challenging areas the company has ventured into is cryptocurrency asset recovery. This case study explores a recent successful recovery operation conducted by Blackwater International, highlighting their methodology, challenges faced, and the impact of their efforts.

This Law promulgates the Federal Penal Code (Criminal Law) of the United Arab Emirates. Crimes and chastisement punishments shall be determined in accordance with the provisions of this Law and other penal codes.

The law defines the crimes related to money laundering, commitments and the jurisdictions of the governmental authorities, and the sanctions against perpetrators of money laundering.

The provisions of this Federal Decree-Law No. (31) of 2021 Promulgating the Crimes and Penalties Law, known as the "New UAE Penal Code", governs criminal actions in the United Arab Emirates. The New Penal Code repeals the previous UAE Penal Code (Federal Law No. (3) of 1987 Promulgating the Penal Code).