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28 June 2007 — DFSA Enforcement Alert — Fraudulent Documents
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Jun 28 2007 onwards

28 June 2007 — DFSA Enforcement Alert — Fraudulent Documents



Dubai, U.A.E., June 28, 2007: The Dubai Financial Services Authority (DFSA) has recently investigated the attempted use of fraudulent documents within the Dubai International Financial Centre (DIFC).

Various individuals have recently approached Authorised Firms within the Centre and attempted to pass off forged documents, including Letters of Commitment and pledges from international financial institutions.

The individuals involved in this fraudulent activity have represented themselves as being agents or employees of fictitious organisations, including Heritage Private Banking Limited (United Kingdom) and the Genesis Foundation Alliance (Hong Kong).

Whilst no financial loss was suffered within the Centre, the DFSA wishes to remind members of the public to be alert to fraudulent activity and that the authenticity of financial documents or instruments should always be confirmed with the issuing institution.