We at LegalWorks understand the risk of financial crimes in today’s dynamic business environment. Financial crime involves illegally converting ownership of property. It includes financial fraud, money laundering, embezzlement, and forgery. Financial crime lawyers can protect corporations against all such crimes. We understand the importance of having the right legal protection for a company to grow. Common financial crimes in the UAE are embezzlement, credit card fraud, and money laundering. Embezzlement is a white-collar that involves the illegal misappropriation of assets by a person they have been entrusted with. The Penal Code stipulates what counts as embezzlement and the punishment for the crime, which includes a fine ranging from AED 30,000 to AED 60,000 and detention.

Similarly, money laundering is the activity of illegally making large amounts of money through criminal means. The provisions for the offence are laid out in the Federal Law. The penalties for money laundering include a prison sentence of up to 10 years and a minimum fine of AED 100,000.

We assist our local and international clients in all financial crime cases. We work with the best financial fraud lawyers who provide comprehensive and pragmatic advisory services on a range of financial crimes. We can assist our clients through cases involving embezzlement, credit card fraud and money laundering.

Avail our financial fraud legal services