Abu Dhabi Criminal Court has handed down a 25-year prison sentence to a man who misused his position at a public authority to orchestrate a staggering Dh40 million fraud scheme. The defendant, convicted of money laundering and embezzlement, was also ordered to pay Dh50 million ($13.6 million) by the court. His illicit activities involved the creation of fabricated scholarship documents to deceive an unnamed public body.
According to the court proceedings, the fraudulent individual utilized the embezzled funds to finance an extravagant lifestyle, indulging in the purchase of luxury vehicles, customized number plates, jewelry, and extravagant trips abroad. In addition to his prison sentence, the court mandated the confiscation of all the proceeds resulting from the crimes.
The Abu Dhabi Judicial Department shared the details of the case on Twitter, stating, “The defendant [was] involved in a case of laundering amounts derived from embezzlement, intentional damage to public funds, forgery, and using forged official documents.”
Prosecutors highlighted the significance of protecting public funds and emphasized the necessity of taking comprehensive measures to combat such criminal activities effectively. This case underscores the importance of vigilance and oversight in preventing similar incidents that undermine public trust and financial integrity.
Earlier this month, the same court rendered a verdict against 13 individuals who collectively owned seven companies. They were found guilty of money laundering and tax evasion, having illicitly funneled Dh510 million through point-of-sale devices at a travel agency. The court sentenced four of the defendants in person, while the others were convicted in absentia, to prison terms ranging from five to ten years.
In addition to the prison sentences, the court ruled for the confiscation of the illicitly acquired funds and the deportation of the guilty parties from the country upon the completion of their sentences. Each convicted individual also received fines ranging from Dh5 million to Dh10 million, while the seven companies involved were fined Dh10 million each.