An Egyptian fraudster has been sentenced to 20 months in jail for scamming travel agencies in Dubai out of nearly AED 500,000.
Gulf News reports that the 28-year old clerk scammed 22 travel agencies out of AED 15,000 to AED 75,000 each by providing them with fake bank credit letters which he claimed could be used to redeem their trade licenses with the Department of Tourism.
According to the report, all travel agencies in Dubai are required by the Department of Tourism to secure a AED 200,000 credit facility from the bank in order to renew their trade license.
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One victim told prosecutors that he met the scammer in a car showroom and handed over AED 20,000 as he claimed he knew a banker who could issue a letter of credit. This credit letter later tuned out to be a fake.
The judge said the accused will be deported following his jail time.
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