Search
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Court Ruling on Watch Fraud
A civil court in Al Ain has mandated the repayment of Dh73,000 to a man defrauded in a watch purchase. The court found that two brothers were involved in the scam, with the first brother misleading the claimant into believing he could acquire a luxury watch below market price.
## Details of the Fraud
The claimant had transferred the money to a bank account belonging to the second brother, under the pretense of purchasing the watch. Upon realizing the deception, the victim sought legal action to recover his funds and additional compensation.
## Legal Proceedings
The court noted that the first brother had a prior conviction for fraud and had been fined Dh80,000. Despite being notified, he did not attend the hearing. The second brother admitted to receiving the funds but failed to justify retaining them.
## Court's Decision
The court ruled that both brothers must jointly repay the Dh73,000. Additionally, the first brother was ordered to pay Dh20,000 for damages. Other claims by the victim were dismissed.
Leave your details and get a guide as a gift to avoid mistakes
Share article