Picture for illustrative purposes only. ARCHIVE

A 37-year-old Iranian man has been found guilty of swindling a businessman in Dubai and ordered to pay the victim Dh13.5 million in damages. The Dubai Court of Appeal on Thursday (October 13) upheld a verdict by the Court of Misdemeanours finding him guilty of swindling the Iranian businessman. The court also found the man’s 72-year-old father guilty of swindling the businessman. Both were sentenced to one year in jail. They will be deported after serving their jail term. The case dates back to March 2021 when the Iranian businessman left the management of his business in Dubai to his 37-year-old Iranian friend. “I had to return to Iran to run my other 20-year-old business and left him to run the one here. We have been family friends for more than 10 years,” the Iranian businessman told the court. He offered the man and the man’s father up to 5 percent commission for each business deal. When he returned to Dubai after a few months, he found out that Dh13.5 million was missing from his company’s bank account. When he asked his Iranian friend about the missing money, the latter told him he lost in in a digital currency deal. He also discovered that the man and his father continued receiving money from clients between March and December 2021 but never deposited the payments in the company’s bank account. An audit confirmed that the duo embezzled money from him. ICA/Expat Media
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