The Dubai Financial Services Authority (DFSA) warned the public against a $3.6-million lottery scam using the name of the DFSA to lure potential victims.
The document, which contains a forged signature of the DFSA chairman, claims that a total of US$ 3,600,000 will be given to a “beneficiary” if he or she will transfer US$36,000 to the scammers’ account. The document claims that the funds will be used for “registration” purposes.
In the fake document, the scammers have falsely used the:
• DFSA’s name and logo on the document;
• name of the DFSA’s chairman as the signatory of the document; and
• name of other UAE banks and a UAE government ministry.
Moreover, the DFSA reminded the public that the:
• “Dubai National Lottery Foundation” does not exist;
• letter is fake and has not been sent by the DFSA; and
• scammers have fraudulently used the DFSA’s name and logo, the name of the DFSA’s chairman and the name of two UAE banks and a UAE government ministry, without authority and for an improper purpose.
The DFSA reminded the public to be wary of the different scams in the UAE. The public is advised to check the DFSA website where they post alerts regularly about scams circulating online.
