Dh31m car plate number bidder arrested for fraud in Abu Dhabi
Dh31m car plate number bidder arrested for fraud in Abu Dhabi
Businessman sent to seven days custody pending investigation on bounced cheque
Abu Dhabi: The Public Prosecution in Abu Dhabi has sent an Emirati businessman to seven days custody after his Dh31 million cheque bounced. The man paid by cheque after successfully bidding for car plate number 1 in an auction held in Abu Dhabi on November 19.
The businessman A.A.M. was charged with fraud after he wrote the check without sufficient balance in his account for the Vanity Number Plate Auction, a statement from the prosecution said.
He admitted to the prosecutors that he had insufficient funds when he issued the Dh31 million cheque for the plate number, claiming that he was planning to sell the number for a higher sum and to pay Dh31 million from the proceeds.
The public prosecution accused him duping the vehicle number plate auction organiser Emirates Auction, by registering for the auction, and issuing a cheque knowing that he did not have sufficient funds.
The prosecution statement said that Emirates Auction’s regulations states that asset ownership cannot be transferred to others, without fulfilling the complete payment of the amount, and any action taken prior to making the full payment is considered illegal and invalid and is criminalised by the law.
“I’m so excited that I won plate number 1, it feels amazing and I was willing to pay any amount to get the plate number. I often come to auctions like that and fetch the most unique numbers at the highest bids,” the businessman had told Gulf News during the auction on November 19.
The Vanity Number Plate Auction featured 50 exclusive and unique vanity number plates and fetched a total of over Dh99 million.
Comments on this Article | |
Jossey Saldanha, Mumbai | Wed, November-30-2016, 9:28 |
FEKU there too ... Agree[2]
|
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
Way Of Cross on Good Friday 2024 | Live From | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Good Friday 2024 | St. Theresa’s Church, Kemmannu | LIVE | Udupi
2 BHK Flat for sale on the 6th floor of Eden Heritage, Santhekatte, Kallianpur, Udupi
Maundy Thursday 2024 | LIVE From St. Theresa’s Church, Kemmannu | Udupi |
Kemmennu for sale 1 BHK 628 sqft, Air Conditioned flat
Symphony98 Releases Soul-Stirring Rendition of Lenten Hymn "Khursa Thain"
Palm Sunday 2024 at St. Theresa’s Church, Kemmannu | LIVE
Final Journey of Patrick Oliveira (83 years) || LIVE From Kemmannu
Carmel School Science Exhibition Day || Kmmannu Channel
Final Journey of Prakash Crasta | LIVE From Kemmannu || Kemmannu Channel
ಪ್ರಗತಿ ಮಹಿಳಾ ಮಹಾ ಸಂಘ | ಸ್ತ್ರೀಯಾಂಚ್ಯಾ ದಿಸಾಚೊ ಸಂಭ್ರಮ್ 2024 || ಸಾಸ್ತಾನ್ ಘಟಕ್
Valentine’s Day Special❤️||Multi-lingual Covers || Symphony98 From Kemmannu
Final Journey of Lionel John Lewis (74 years) | LIVE from Milagres Cathedral | Kallianpur | Udupi
Rozaricho Gaanch December 2023 issue, Mount Rosary Church Santhekatte Kallianpur, Udupi
An Ernest Appeal From Milagres Cathedral, Kallianpur, Diocese of Udupi
Diocese of Udupi - Uzvd Decennial Special Issue
Final Journey Of Canute Pinto (52 years) | LIVE From Mount Rosary Church | Kallianpura | Udupi
Earth Angels Anniversary | Comedy Show 2024 | Live From St. Theresa’s Church | Kemmannu | Udupi
Vespers 2024 | St. Theresa’s Church, Kemmannu
Annual Church Feast 2024 | St. Theresa’s Church, Kemmannu
Confraternity Sunday | St. Theresa’s Church, Kemmannu
Kemmannu Cricket Match 2024 | LIVE from Kemmannu
CHRISTMAS MASS-2023 | St. Theresa’s Church | Live from Kemmannu | Udupi
Annual Day 2023 | Carmel English School, Live From Kemmannu
Naturya - Taste of Namma Udupi - Order NOW
New Management takes over Bannur Mutton, Santhekatte, Kallianpur. Visit us and feel the difference.
Easter 2023 - Milrachi Lara From Milagres Cathedral, Kallianpur, Udupi
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link