A man has been arrested in Dubai for scamming a number of people using 'magic ink' to alter financial documents.
The man presented fake business cards and an employee ID to convince his victims that he represented a bank.
Investigations by the Dubai Police showed that the suspect tricked people into believing he could secure bank loans for them for an "account opening fee". He would then fake the documents using 'magic ink', with the details disappearing shortly after they receive it.
He also swindled funds by altering cheques from the victims, filling out details, barring the victim's signature, in 'magic ink'. Once the ink disappeared, he would fill the blanks with his account details and an amount of his choice.
Officials said they started monitoring the suspect after receiving several complaints from victims.
Dubai Police have urged the public to remain vigilant against modern fraud tactics, and encouraged them to use personal pens to complete any forms or cheques for bank transactions.
The authority also warned them against engaging with unofficial entities or individuals who claim to secure loans in exchange for money.

UAE offers condolences following Saudi helicopter crash
UAE condemns Iranian attacks on Bahrain and Kuwait
UAE sends more aid convoys to Gaza under 'Operation Chivalrous Knight 3'
UAE President conveys condolences to Venezuela over earthquake victims
Dubai Customs unveils K9 vehicles in defence against drug smugglers
Dubai Police issues summer vehicle safety warning
UAE soldier dies during training mission
UAE expresses concern over military escalation in Sudan
UAE steps up relief aid for Lebanon
UAE, Lebanese Presidents discuss bilateral ties and regional developments
UAE welcomes US-brokered Lebanon-Israel framework agreement
UAE strongly condemns Iranian drone attacks on Bahrain
Sheikh Abdullah underscores support for Lebanon's unity during call with Dr. Salam
UAE, Egyptian Foreign Ministers discuss regional developments
UAE confirms technical issue behind incorrect alert messages
UAE, Iran foreign ministers discuss regional developments
UAE mediates exchange of 320 Russian and Ukrainian captives
UAE underscores US-Gulf consultation critical in Iran peace talks
Etihad Rail invites public to choose first passenger in UAE rail history
