The fake dollars confiscated in Ras Al Khaimah.  RAK POLICE

Authorities in the UAE have arrested three Arab nationals for possessing counterfeit dollars amounting to $7.5 million (Dh27.5 million), which they intended to circulate within the country. Ras Al Khaimah Police, in collaboration with the Ministry of Interior and other security agencies, arrested the suspects following a tip-off from a source. The source revealed that a businessman, aided by two accomplices, was planning to distribute fake currency in the local market. “A specialized task force was immediately formed to investigate and neutralize the threat,” said a spokesperson from Ras Al Khaimah Police. Undercover operations led to the arrest of the gang members, who were caught with samples of counterfeit money. A subsequent search of their residences revealed additional fake currency. Authorities have initiated legal proceedings against the suspects, referring them to the Public Prosecution. The police emphasized that counterfeiting currency is a severe crime punishable under UAE law, as it undermines the national economy and erodes financial trust. “Counterfeiting not only damages our economy but also poses a serious threat to market stability,” the spokesperson added. Police have urged residents to remain vigilant and report any suspicious activity related to counterfeit currency. Public awareness campaigns are also being planned to educate residents about recognizing fake money. ICA/Expat Media
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