Abu Dhabi Police have urged residents to be vigilant against a surge of online and financial scams exploiting people through fake phone calls, counterfeit banking messages, and fraudulent investment schemes.
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Abu Dhabi Police have urged residents to be vigilant against a surge of online and financial scams exploiting people through fake phone calls, counterfeit banking messages, and fraudulent investment schemes.
Abu Dhabi Police have urged residents to be vigilant against a surge of online and financial scams exploiting people through fake phone calls, counterfeit banking messages, and fraudulent investment schemes. The police warned about deceptive tactics, including urgent money transfer requests, fake bank alerts with malicious links, and investment promotions promising unrealistic returns.
In particular, residents were cautioned about fraudulent gold sale offers and chalet rental ads with suspiciously low prices that lure victims into losing substantial sums. “These are different faces of fraud aimed squarely at stealing your money,” the police emphasized via their official social media.
The advisory aligns with the recently launched “Be Cautious” awareness campaign, now in its sixth edition. This three-month programme seeks to educate the public about evolving cybercrime threats and promote safe digital and financial practices.
Launched in collaboration with the Ministry of Interior, other police departments, the UAE Cybersecurity Council, Abu Dhabi Media, First Abu Dhabi Bank, and Abu Dhabi Islamic Bank, the campaign focuses on phishing links, deceptive calls, fake prize messages, fraudulent e-commerce sites, and other growing scams.
Abu Dhabi Police are increasing outreach to vulnerable groups including youngsters, blue-collar workers, and domestic helpers, who face heightened risk from these sophisticated fraud attempts.
Residents are encouraged to report suspicious calls, messages, and online ads promptly via official channels like the Aman Service hotline (8002626) or SMS (2828), helping safeguard the community against the expanding scourge of cyber-enabled financial crime.
The pull-back in Dubai’s local market stems from:
Cooling demand post-Diwali, traditionally one of Asia’s busiest buying seasons.
US dollar strength, which makes gold relatively more expensive for holders of other currencies.
Large ETF outflows, signalling near-term investor caution.
Profit-taking after a 31% gold rally and a 45% surge in silver over nine weeks.
and global uncertainty still supportive, gold may remain strong long-term. For UAE consumers and investors, the current dip could be an opportunity to accumulate — but caution is advised as short-term volatility may persist.
Hansen adds, “Gold is still under-owned globally and remains an essential hedge. The current dip is likely technical, not fundamental.”
As the festival-driven buying wave cools off, market watchers recommend careful entry during present price levels before the next potential rally heading into 2026.
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