Court orders payment after scam claiming investment
The Abu Dhabi court ordered a person to pay 133,000 Dirhams to the plaintiff, after he stopped repaying an invested amount in gold trading despite being granted a grace period of nearly two years and attempts at settlement. The complainant had deposited 219,500 Dirhams into the defendant's account, who had promised to return it after six to seven months. However, the latter refused to repay, leading to a lawsuit being filed, a conviction being documented in absentia, and a three-month imprisonment sentence. This was later amended to a fine of 10,000 Dirhams. The court considered the owed amount to be 133,000 Dirhams and ordered it to be paid, along with a monetary compensation of 5,000 Dirhams for damages.
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