A UAE-based bank has been ordered to compensate a customer who lost more than AED 4.5 million in savings following a SIM card swap scam.
His account was emptied by fraudsters who managed to get a replacement phone SIM and changed the PIN connected to his banking services.
The Dubai Commercial Court found the bank responsible for the client's losses as his personal details had been leaked.
The verdict has been appealed by the bank.


UAE lifts visa restrictions on Ugandan nationals
Dr Gargash highlights UAE's 'constructive role' in Russia-Ukraine-US trilateral talks
Ras Al Khaimah Ruler leads UAE delegation at COP31
Dubai to reward residents with AED 2,500 for naming community parks
ADNOC L&S vessel sustains damage following attack
H.H. Sheikh Khaled, H.H. Sheikh Hamdan discuss key national priorities
Sheikh Abdullah attends third round of Russia-Ukraine-US trilateral talks
UAE completes critical design review of 'Sirb-1' satellite
UAE conditionally approves new use of Ultomiris for kidney disease patients
H.H. Sheikh Hamdan approves Dubai Metro extension to Al Maktoum Airport
UAE Year Of Award celebrates stronger families, community values
UAE President highlights nation's resilience during 'recent challenges'
H.H. Sheikh Khaled approves second package of Emirati Family Growth Programme
Sharjah approves housing support for 1,100 families
H.H. Sheikh Mohammed directs tents for 50,000 Gazans facing harsh weather
UAE postpones vehicle licensing limit for residents
New pedestrian bridge links Dubai Mall Metro Station and Coca-Cola Arena
High-achieving Union teams honoured at UAE Government Annual Meetings
Al Gergawi: UAE accelerates development with over AED 4 trillion in projects
