The Dubai Financial Services Authority (DFSA) alerts the public to an Advanced Fee Scam involving the theft of the identities of representatives of the DFSA and the Central Bank of the UAE (CBUAE).
The scammers, purporting to represent the DFSA and CBUAE, have drafted letters using false DFSA and CBUAE headers.
The false DFSA letter informs the addressee that he has inherited a large sum of money, in this case $10.2 million, but that the inheritance cannot be released until the payment of a remittance fee of $25,000.
The false CBUAE letter informs the addressee that an amount of $10.2 million is available to be remitted to the addressee but has been withheld pending the payment of $25,000 for forex warrant charges, commissions and a processing levy and that the inheritance will be released as soon as the payment is made.
Both letters are false and are fraudulently motivated. Examples of both the false DFSA letter and false CBUAE letter can be viewed
here.
If you receive letters of this type you should take the following action:
Ignore them; or
Report them to the Police of relevant financial services regulator.
You should not:
Respond to the letters; or
Send money to any person.
If you are in doubt you should call your relevant financial services regulator for advice.
The DFSA informs you that:
• the DFSA does not write letters to members of the public requesting the transfer of funds; and
• the DFSA does not communicate via private e-mail addresses (eg Gmail or Hotmail).
The DFSA has recently issued warnings and provided guidance about common types of scams. For more information on these scams, please go to: