The suspect arrested in Dubai for using "magic ink" to alter cheques. DUBAI POLICE

Dubai Police has arrested an Asian man who used "magic ink" in a complex bank loan scam that defrauded multiple victims by issuing disappearing ink documents and forged cheques. According to a statement from the Fraud Prevention Center, the man posed as a bank employee, using fake job IDs and business cards to convince victims he could secure bank loans on their behalf. Victims were asked to pay "account opening fees", after which they were given documents printed with ink that vanished shortly after. The suspect also tricked victims into signing blank cheques with regular pens while he used magic ink to write cheque details. Once the details faded, he rewrote the cheques with his name and altered amounts, exploiting his knowledge of victims’ account balances. Dubai Police urged the public to avoid dealing with unofficial representatives and to verify IDs through proper financial institution channels. They advised using personal pens and contacting banks directly if anything feels suspicious. “We encourage the community to report fraud using the Dubai Police smart app or eCrime platform. Our commitment to protecting residents remains firm,” police said. ICA/Expat Media
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