NONE

DESCRIPTION OF EVENTS

"[T]wo Asian brothers who were looking to buy bitcoin in the Al Muraqabbat area." "[T]he two brothers wanted to buy the flagship cryptocurrency, and were lured by some of the gang’s members to an office inside a market." "[G]ang members managed to get access to the office by tricking its owner into believing they were going to buy it." "The head of the gang deceived a commercial shop owner in Al Muraqabbat area, who put an advertisement to sell his office and trade license."

"[One of th gang members] told [the owner] that he wants to buy his office and the license, and managed to get the key to check the office after 8pm. The gang used the office to lure the two brothers to come to the office to sell them the Bitcoin. The owner of the office was a victim in their criminal plan," he added.

"The brothers were attacked by a gang of 10 men." "While six members were inside the office with the two brothers, three reportedly waited outside." "[T]hey were then assaulted, robbed at gunpoint, and threatened before being tied and locked inside said office. The assailants then fled the scene." The "gang members reportedly stolen 7 million AED ($1.9 million)" from the brothers.

"Lt Colonel Adel Al Joker, Director of Criminal Investigation Department (CID) at Dubai Police, said that command and control room alerted about an armed robbery in Al Muraqabbat area on Wednesday, April 25."

"Lieutenant Colonel Adel Al Joker, Director of Dubai police’s Criminal Investigation Department, stated:"

“The brothers searched randomly in the market to buy Bitcoin. The gang lured them claiming they can sell them Bitcoin.”

"They assaulted the two brothers and threatened them before tied their hands and locked them inside the office and escape with the money," Lt Col Al Joker said.

"All of the [gang members] were arrested within 48 hours of the incident." "Per Dubai Police’s commander-in-chief, Major General Abdullah Khalifa Al Merri, the gang’s mastermind was identified within four hours of the incident, and his whole gang had reportedly been caught within 48 hours, as police quickly managed to locate them."

"Major General Abdullah Khalifa Al Merri, Commander-In-Chief of Dubai Police, praised his officers’ work to apprehend the gang in a short time despite the fact that the robbers had left no evidence behind."

"Major General Khali Ebrahim Al Mansour, assistant commander-in-chief, revealed that the police’s success was partly driven by the data analysis center using smart programs and artificial intelligence technology to trace the gang’s members."

“Using AI helped Dubai Police to arrest a Gulf National, who is the head of the gang, and other Asian suspects The information from the data analysis center helped the officers to arrest all gang members.”

"The stolen funds were reportedly returned to the two victims." "Police in Dubai managed to recover [the full] $1.9 million." "The suspects referred to public prosecution to finish the investigation."

Two brothers in Dubai were looking to purchase bitcoin with cash. A buyer offered to sell them the bitcoin, and they should meet in an office. They met there after hours and were attacked by a gang of 10 people, who stole their cash. The gang had tricked the office owner into granting them late evening access by pretending to be interested in purchasing the office. The gang was ultimately arrested and the funds were quickly captured. It is presumed that the funds were returned.

Dubai Police Recover $1.9 Million Taken In Bitcoin Heist Using AI Tech | Cryptoglobe (May 29)
Watch: Dubai Police recover Dh7m from Bitcoin heist | Yourmoney-cryptocurrency – Gulf News (Jun 26)

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