Youth Arrested for Alleged MVR 28,000 Fraud in Counterfeit Bank Transfer Case

The Criminal Court has issued an arrest warrant for a youth suspected of defrauding MVR 28,000 by submitting a counterfeit bank transfer slip while posing as a seller of US Dollars.

The suspect has been identified as 27-year-old Zaidhaan Mohamed Hashim, resident of 05-13, G. Sinamale’. The court has remanded him in custody for 15 days.

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According to the court order, Zaidhaan allegedly deceived his victim by providing a fake bank transfer slip under the guise of selling US Dollars.

In statements made during the court proceedings, it was noted that Zaidhaan has returned half of the amount fraudulently obtained, with his family reportedly pledging to repay the remaining balance.

The Maldives has recently witnessed a rise in fraudulent schemes, with law enforcement officials warning about an increase in the use of counterfeit bank transfer slips in business transactions.