Dubai Public Prosecution issues warning against card forgery, imposes hefty fines

Share via:

The Dubai Public Prosecution has issued a stern warning against the forging, counterfeiting, or reproducing of debit and credit cards. Perpetrators engaging in such illegal activities will face significant fines ranging from AED 500,000 to AED 2 million.

Penalties Outlined on Official Social Media Account

The authorities made the penalties clear via a post on their official social media account. The post stated, “Forging or counterfeiting or reproducing a credit card or debit card or any other electronic payment method by using any information technology means or computer program shall expose to imprisonment and a fine not less than five hundred thousand dirhams and not in excess of two million dirhams or either of these two penalties.”

Saudi Arabia’s Stringent Measures Against Forgery

Earlier this year, Saudi Arabia introduced stringent measures against forgery, imposing a fine of $1.3 million and a five-year jail sentence. The country’s Public Prosecution laid out the penalties for those involved in forging electronic signatures, records, digital certificates, or the use of such falsified documents with full knowledge of their forged nature.

The Public Prosecution in Saudi Arabia also has the authority to confiscate any devices, systems, or programs used in the commission of forgery.

Public Prosecution’s Commitment to Transparency

In both Dubai and Saudi Arabia, the Public Prosecutions have made it clear that they will publish the judgments issued against the convicted individuals at the expense of the offenders. This commitment to transparency ensures that the public is well-informed about the consequences of engaging in forgery and serves as a strong deterrent against such illegal activities.

Also Read The Latest News:
No special incentives for Tesla’s India manufacturing plant, says government official
Class-action lawsuit targets Apple for alleged anticompetitive app store practices, seeks £800 million in damages

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Dubai Public Prosecution issues warning against card forgery, imposes hefty fines

The Dubai Public Prosecution has issued a stern warning against the forging, counterfeiting, or reproducing of debit and credit cards. Perpetrators engaging in such illegal activities will face significant fines ranging from AED 500,000 to AED 2 million.

Penalties Outlined on Official Social Media Account

The authorities made the penalties clear via a post on their official social media account. The post stated, “Forging or counterfeiting or reproducing a credit card or debit card or any other electronic payment method by using any information technology means or computer program shall expose to imprisonment and a fine not less than five hundred thousand dirhams and not in excess of two million dirhams or either of these two penalties.”

Saudi Arabia’s Stringent Measures Against Forgery

Earlier this year, Saudi Arabia introduced stringent measures against forgery, imposing a fine of $1.3 million and a five-year jail sentence. The country’s Public Prosecution laid out the penalties for those involved in forging electronic signatures, records, digital certificates, or the use of such falsified documents with full knowledge of their forged nature.

The Public Prosecution in Saudi Arabia also has the authority to confiscate any devices, systems, or programs used in the commission of forgery.

Public Prosecution’s Commitment to Transparency

In both Dubai and Saudi Arabia, the Public Prosecutions have made it clear that they will publish the judgments issued against the convicted individuals at the expense of the offenders. This commitment to transparency ensures that the public is well-informed about the consequences of engaging in forgery and serves as a strong deterrent against such illegal activities.

Also Read The Latest News:
No special incentives for Tesla’s India manufacturing plant, says government official
Class-action lawsuit targets Apple for alleged anticompetitive app store practices, seeks £800 million in damages

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Metallicus secures FedNow transaction certification

The partnership was originally announced in mid-2023 ahead...

Apple working on new App Store-like app dedicated to...

It’s been a month since Apple released iOS...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!