Tuesday, 17. August 2010
Topic: SECURITY - on August 17, 2010 at 10:50:00 AM CEST
Tons of gold imports turn to dust on arrival
Several tons of gold imported into the UAE by traders and investors turned out to be fake on closer inspection, resulting in millions of dirhams in losses and high levels of stress to the victims.
Speaking to Emirates 24|7, Mohamad Shakarchi,, Managing Director of Emirates Gold, said: "A lot of people in the UAE who tried to import gold at lower prices or through dubious overseas companies have been cheated.
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