Two people have been jailed in UAE for robbing a businessman of AED 3 million and a watch worth AED 750,000 on the promise of selling cheaper bitcoin.
The Dubai Criminal Court sentenced an Asian and a Gulf national to three years in prison followed by deportation for the robbery and detention of an Asian businessman, media reports said.
They would pay a fine of AED 3 million and the value of the stolen watch, reported Khaleej Times.
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The case was reported in July 2021 after the businessman filed a report to the police. He had contacted the number on a card stuck to his car offering digital currency Bitcoin at a lower price and agreed to a deal in Al Barsha, Dubai.
At a villa in Al Barsha, three other people wearing protective clothing against the coronavirus posed as police officers from his home country looking to arrest him.
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The man was driven to Fujairah and detained in a vehicle for four hours and asked to pay money for a safe return to Dubai.
The driver also took away his watch before the arrest of two people who admitted to their crime.