Q: I have not done any trading online before. However, I found one company that is recommended by the UAE government that I contacted online and I was called shortly after that and trading started. I had no education on what is going on and my account manager was the one who tells me what to do, like close trade, open trade, buy or sell and how many lots to put. I lost approx. AED 70000 in 6 days. Do I have a case and can I retrieve my money back?

Q: Recently, I have been scammed by a person who claimed to be an agent for an organization in Singapore. She claimed that she does 1 min of battle contract trading giving signals to her clients to make the most money. Basically, she asked us to register on a website on which there was battle contract trading. She would make us transfer USDT into the account. She would then give us signals to participate in trading where she made us win profit and every day against our capital. I was introduced by a friend who was dealing with her. He made money and did some withdrawals. After he introduced several other people who trusted him since he was making money and had withdrawn some amount, we tried to withdraw our profit too. That's when the curtain's dropped and all of us realized that we have been scammed. Please help me, I have all the evidence. I can even see my money going from one crypto wallet to another. I just need guidance from professionals to trace my money and get it back. Please Help.

Q: I believe that I am a victim of a crypto scam. I met a girl on a dating app in December and she onboarded me to a crypto platform helping me invest using step-by-step screenshots. I was consistently asked to deposit USD 20k money, however, raised USD 5k and she deposited USD 15k in my crypto account. My withdrawal was declined and customer services asked me to pay 12k USD in tax on profit made in order to access these funds. I arranged 9k and the lady paid 3k for me. Since 3k was not from my account, customer service asked me to pay it from my account which I duly did. Then I was asked to deposit USD 15k as security since the initial funds were from someone else. I did that and my withdrawal got approved but I was informed that the fund release is stuck as I need to pay USD 8.3k as a large channel fee and I would be upgraded to a premium client. Post this payment, now I am being asked for USD 6.3k as a miner's fee on my whole account balance to get my withdrawal

Q: Dear Sir/Madam, There's a guy who scammed me out of 150k AED with false documents. There's already a criminal case ongoing against him; however, I wasn't aware of it at the time of the dealing. Every time I tried to sort things out with him, he made me wait for hours and didn't show up. In short, he gave me false hopes, and now he's been completely out of touch for 4 months. When we were finally able to contact him, my wife sent him abusive messages out of frustration because he was spreading lies about us. Now, with all the evidence I have, I want to file a civil case against him. Could the abusive messages my wife sent backfire in any way? I have all the documents he gave, along with some voice notes where he clearly states that he scammed us with false documents. But this guy is very shrewd. He verbally abused me and my wife in person but I don't have proof of it.

Q: Dear Lawyers, Last month, I fell into an online money-earning scam and invested my money. Initially, I earned some money, but two days later, someone transferred the amount I earned to my bank account. That person contacted the bank, and they called me, stating that the money was accidentally sent to me and asked me to return it, which I did. In short, I lost the money I invested, and when I tried to contact the scammers, they kicked me out of the group. After refunding the money, the person filed a fraud case against me, unaware that I was also a victim. What should I do now? How can I resolve this situation? I don’t care about getting my money back, but I want to avoid any legal case since I already returned the money and was scammed myself. What steps should I take?

Q: Dear Lawyers, I have been a victim of a scam. I already have a court order confirming that I was scammed, and the court has issued a fine of 250,000 AED for the scammer. However, my lawyer told me that the amount will go to the government. When I asked how we would proceed to recover my money, they claimed it’s not possible and that this is as far as they will assist me, leaving me on my own moving forward.

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 provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.

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.