June 26, 2025
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How a fraudster in Dubai used ‘magic ink’ to to pull off a fake bank loan scam

  • June 20, 2025
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Using fake IDs and business cards, a fraudster convinced victims to pay false account fees and sign cheques. He exploited disappearing ‘magic ink’ to initially write cheque details that vanished, allowing him to alter names and amounts to his advantage. Following multiple reports, Dubai Police arrested him, cracking down on this sophisticated banking scam.