The Dubai Misdemeanors Court convicted the owner of a well-known real estate brokerage company, who set up offices for it in several emirates, published advertisements in the media and social networks for a huge housing project in one of the European countries, and sold real estate units to more than 500 investors.
The Public Prosecution directed the owner of the company and its marketing director to commit a misdemeanor of fraud using documents confirming the correctness of the project procedures, but it was later found that there was no building permit from the authorities of that country, and that the company did not have a license from the Real Estate Regulatory Authority in Dubai to receive monthly installments, being just a brokerage company. real estate.
In detail, the misdemeanour court ruled to imprison the company director and employee for three months and a fine of 672,308 dirhams in a lawsuit filed by only one victim out of the total victims who bought into the project, but the employee appealed before the Court of Appeal, which acquitted him.
The victim stated in this lawsuit that he signed a contract to purchase a housing unit in one of the European countries for 176 thousand and 400 dollars from the fraudulent company, and paid 308 thousand and 672 dirhams of its price, provided that he receives the apartment within three years, but he discovered that the company had not completed any of the stages The project.
An official letter from the authority authorized to grant building permits in that country proves that the land on which the company claimed to establish the project is not licensed for construction, use or reconstruction.
Meanwhile, the Director of the Monitoring and Inspection Department at the Real Estate Regulatory Authority stated that complaints were received from clients that the company owned by the first accused had been marketing and selling real estate outside the country. Dirhams, and its owner was warned not to receive any money in the state, as a party to these projects, but he circumvented the decisions in several ways.
After examining the case, the misdemeanour court ruled to convict the owner of the company, the first accused, and an employee with him, the “second accused”, of committing the crime of fraud and sentenced them to imprisonment and a fine.
For his part, lawyer Badr Abdullah Khamis, the legal representative of the second defendant, appealed the ruling before the Court of Appeal, arguing that the elements of the crime of fraud against his client were absent and that there was no evidence of that, as he was just an employee of the company and did not in any way seize the victim’s money, and he was not issued From it any fraudulent means when contracting, as the dispute is between the latter and the company represented by the first accused.
Khamis also argued that the dispute is civil in light of the fact that the company is still responsible and disposed of the project, indicating that his client works as a marketing manager for the company, and his role, as it is known, is marketing the product for the benefit of the business owner, according to the requirements of his job, but the money of the victim is not in his possession, or Enriches others at the expense of the latter.
After considering the appeal by the Court of Appeal, it overturned the ruling of the Court of First Instance and ruled that the second defendant was acquitted.
The Dubai Misdemeanors Court convicted the owner of a well-known real estate brokerage company, who set up offices for it in several emirates, published advertisements in the media and social networks for a huge housing project in one of the European countries, and sold real estate units to more than 500 investors.
The Public Prosecution directed the owner of the company and its marketing director to commit a misdemeanor of fraud using documents confirming the correctness of the project procedures, but it was later found that there was no building permit from the authorities of that country, and that the company did not have a license from the Real Estate Regulatory Authority in Dubai to receive monthly installments, being just a brokerage company. real estate.
In detail, the misdemeanour court ruled to imprison the company director and employee for three months and a fine of 672,308 dirhams in a lawsuit filed by only one victim out of the total victims who bought into the project, but the employee appealed before the Court of Appeal, which acquitted him.
The victim stated in this lawsuit that he signed a contract to purchase a housing unit in one of the European countries for 176 thousand and 400 dollars from the fraudulent company, and paid 308 thousand and 672 dirhams of its price, provided that he receives the apartment within three years, but he discovered that the company had not completed any of the stages The project.
An official letter from the authority authorized to grant building permits in that country proves that the land on which the company claimed to establish the project is not licensed for construction, use or reconstruction.
Meanwhile, the Director of the Monitoring and Inspection Department at the Real Estate Regulatory Authority stated that complaints were received from clients that the company owned by the first accused had been marketing and selling real estate outside the country. Dirhams, and its owner was warned not to receive any money in the state, as a party to these projects, but he circumvented the decisions in several ways.
After examining the case, the misdemeanour court ruled to convict the owner of the company, the first accused, and an employee with him, the “second accused”, of committing the crime of fraud and sentenced them to imprisonment and a fine.
For his part, lawyer Badr Abdullah Khamis, the legal representative of the second defendant, appealed the ruling before the Court of Appeal, arguing that the elements of the crime of fraud against his client were absent and that there was no evidence of that, as he was just an employee of the company and did not in any way seize the victim’s money, and he was not issued From it any fraudulent means when contracting, as the dispute is between the latter and the company represented by the first accused.
Khamis also argued that the dispute is civil in light of the fact that the company is still responsible and disposed of the project, indicating that his client works as a marketing manager for the company, and his role, as it is known, is marketing the product for the benefit of the business owner, according to the requirements of his job, but the money of the victim is not in his possession, or Enriches others at the expense of the latter.
After considering the appeal by the Court of Appeal, it overturned the ruling of the Court of First Instance and ruled that the second defendant was acquitted.
The Dubai Misdemeanors Court convicted the owner of a well-known real estate brokerage company, who set up offices for it in several emirates, published advertisements in the media and social networks for a huge housing project in one of the European countries, and sold real estate units to more than 500 investors.
The Public Prosecution directed the owner of the company and its marketing director to commit a misdemeanor of fraud using documents confirming the correctness of the project procedures, but it was later found that there was no building permit from the authorities of that country, and that the company did not have a license from the Real Estate Regulatory Authority in Dubai to receive monthly installments, being just a brokerage company. real estate.
In detail, the misdemeanour court ruled to imprison the company director and employee for three months and a fine of 672,308 dirhams in a lawsuit filed by only one victim out of the total victims who bought into the project, but the employee appealed before the Court of Appeal, which acquitted him.
The victim stated in this lawsuit that he signed a contract to purchase a housing unit in one of the European countries for 176 thousand and 400 dollars from the fraudulent company, and paid 308 thousand and 672 dirhams of its price, provided that he receives the apartment within three years, but he discovered that the company had not completed any of the stages The project.
An official letter from the authority authorized to grant building permits in that country proves that the land on which the company claimed to establish the project is not licensed for construction, use or reconstruction.
Meanwhile, the Director of the Monitoring and Inspection Department at the Real Estate Regulatory Authority stated that complaints were received from clients that the company owned by the first accused had been marketing and selling real estate outside the country. Dirhams, and its owner was warned not to receive any money in the state, as a party to these projects, but he circumvented the decisions in several ways.
After examining the case, the misdemeanour court ruled to convict the owner of the company, the first accused, and an employee with him, the “second accused”, of committing the crime of fraud and sentenced them to imprisonment and a fine.
For his part, lawyer Badr Abdullah Khamis, the legal representative of the second defendant, appealed the ruling before the Court of Appeal, arguing that the elements of the crime of fraud against his client were absent and that there was no evidence of that, as he was just an employee of the company and did not in any way seize the victim’s money, and he was not issued From it any fraudulent means when contracting, as the dispute is between the latter and the company represented by the first accused.
Khamis also argued that the dispute is civil in light of the fact that the company is still responsible and disposed of the project, indicating that his client works as a marketing manager for the company, and his role, as it is known, is marketing the product for the benefit of the business owner, according to the requirements of his job, but the money of the victim is not in his possession, or Enriches others at the expense of the latter.
After considering the appeal by the Court of Appeal, it overturned the ruling of the Court of First Instance and ruled that the second defendant was acquitted.
The Dubai Misdemeanors Court convicted the owner of a well-known real estate brokerage company, who set up offices for it in several emirates, published advertisements in the media and social networks for a huge housing project in one of the European countries, and sold real estate units to more than 500 investors.
The Public Prosecution directed the owner of the company and its marketing director to commit a misdemeanor of fraud using documents confirming the correctness of the project procedures, but it was later found that there was no building permit from the authorities of that country, and that the company did not have a license from the Real Estate Regulatory Authority in Dubai to receive monthly installments, being just a brokerage company. real estate.
In detail, the misdemeanour court ruled to imprison the company director and employee for three months and a fine of 672,308 dirhams in a lawsuit filed by only one victim out of the total victims who bought into the project, but the employee appealed before the Court of Appeal, which acquitted him.
The victim stated in this lawsuit that he signed a contract to purchase a housing unit in one of the European countries for 176 thousand and 400 dollars from the fraudulent company, and paid 308 thousand and 672 dirhams of its price, provided that he receives the apartment within three years, but he discovered that the company had not completed any of the stages The project.
An official letter from the authority authorized to grant building permits in that country proves that the land on which the company claimed to establish the project is not licensed for construction, use or reconstruction.
Meanwhile, the Director of the Monitoring and Inspection Department at the Real Estate Regulatory Authority stated that complaints were received from clients that the company owned by the first accused had been marketing and selling real estate outside the country. Dirhams, and its owner was warned not to receive any money in the state, as a party to these projects, but he circumvented the decisions in several ways.
After examining the case, the misdemeanour court ruled to convict the owner of the company, the first accused, and an employee with him, the “second accused”, of committing the crime of fraud and sentenced them to imprisonment and a fine.
For his part, lawyer Badr Abdullah Khamis, the legal representative of the second defendant, appealed the ruling before the Court of Appeal, arguing that the elements of the crime of fraud against his client were absent and that there was no evidence of that, as he was just an employee of the company and did not in any way seize the victim’s money, and he was not issued From it any fraudulent means when contracting, as the dispute is between the latter and the company represented by the first accused.
Khamis also argued that the dispute is civil in light of the fact that the company is still responsible and disposed of the project, indicating that his client works as a marketing manager for the company, and his role, as it is known, is marketing the product for the benefit of the business owner, according to the requirements of his job, but the money of the victim is not in his possession, or Enriches others at the expense of the latter.
After considering the appeal by the Court of Appeal, it overturned the ruling of the Court of First Instance and ruled that the second defendant was acquitted.