A legal adviser in Dubai has been accused of embezzling AED183 from a law firm by creating fake offshore accounts and companies.
And to think we feel guilty if we take a pen or bit of stationery home with us!
The 44-year-old accused man is charged with stealing the money from Al Shaali Advocates and Legal Consultants over several years. He was then caught in 2017 and is now facing trial.
The man wasn’t working alone according to prosecutors. They say he had help from 18 other people who created fake documents and fake shell countries in three different countries.
They then used these fake companies and accounts to siphon off money. A lot of money, allegedly. AED183 million in fact!
12 others have been charged with aiding and abetting but four of the wanted criminals remain at large and are still wanted by authorities.
And the theft was only noticed after an internal audit by the Dubai law firm. We wish the DubaiLAD team had enough money not to notice AED183 million going missing!
The case will be heard at Dubai Misdemeanours Court today.