Police official said that they received a complaint from one of the businessmen that someone had hacked into his company's email.
Sharjah Police arrested a gang of five people yesterday who were allegedly involved in a spate of electronic frauds.
Police official said that they received a complaint from one of the businessmen that someone had hacked into his company's email and sent emails to the company's clients asking them to deposit money to a bank account of a fake company.
Through the email they informed the clients that the company had changed its accounts numbers and name in the banks.
Col Ibrahim Al Ajill, Director CID at Sharjah Police said that based on the information provided by the victim, they found out that the gang members had opened accounts using the name of new companies and hacked the emails to send messages to the clients.
He said that many clients had transferred money to the fake account of the hackers.
The police team managed to arrest the gang and they informed the police that each one had his own role to play in the crime. The gang would only meet when they would come to divide the cash. They would used the money to buy auto spare parts and electronics to send it to their countries.
Police also managed to rescue Canadian investors who almost became victims of this fraud.
Col, Al Ajill warned against the danger of electronic crimes conducted by criminal inside and outside the country. He urged the investors and business owners to verify information on the phone before sending the cash to any account.
