UAE thwarts attempted theft of 7.2 billion euros from central bank

Abu Dhabi - United Arab Emirates' police announced Saturday that they foiled an attempt by a group of fraudsters to steal 7.2 billion euros (10.2 billion dollars) from the country's central bank. Police arrested the group of three Europeans and four Asians after they claimed a transfer from a European bank of 7.2 billion euros, which they tried to present as profits from family investments belonging to the group's leader, according to a police report.

The documents they had submitted were discovered by the Anti-Money Laundering and Suspicious Cases Unit to have been forged.

Once arrested, the group's leader confessed to acting as an intermediary for a trader in his home country.

Source: Earth Times.
Link: http://www.earthtimes.org/articles/show/305385,uae-thwarts-attempted-theft-of-72-billion-euros-from-central-bank.html.