Dubai initiates nationwide effort to fight economic fraud.
The Economic Security Centre of Dubai (ESCD) has initiated a national awareness campaign aimed at curbing economic fraud, under the theme “Strong Economy… An Aware Society.” This initiative seeks to empower individuals, enterprises, and institutions by providing them with crucial information and strategies to identify and prevent fraudulent activities, particularly as such crimes evolve with advancements in technology like artificial intelligence and deepfake capabilities.
The core objective of this campaign is to enhance public knowledge, which officials deem vital for safeguarding the remarkable economic progress made in the UAE. Heightened awareness serves as the initial barrier against threats that could undermine Dubai’s reputation as a key business epicenter on the global stage. The move strongly aligns with the Dubai Government’s overarching vision of fostering a secure, resilient, and sustainable economic environment.
As part of this initiative, various types of fraud risks are being brought to light, including deceptive advertisements, phishing scams, fake investment opportunities, online marketplace fraud, bank card theft, cryptocurrency trickery, and misleading business partnerships. By examining these threats, the campaign aims to prepare citizens and businesses to better protect themselves against financial scams.
Faisal bin Sulaitin, the CEO of ESCD, emphasized the collective responsibility of society in combating economic fraud. He encouraged all members of the community to remain informed and vigilant, underscoring the importance of unity in the fight against such criminal activities. The campaign not only seeks to educate but also to engage the public in sharing tips and personal experiences, fostering a collaborative effort using the hashtags #StayAware and #TogetherWeProtectOurEconomy.
Ultimately, the ESCD’s campaign serves as a reminder that maintaining the integrity of the economy is a communal effort. By nurturing a society that is informed and alert, Dubai can continue to thrive as a prominent business hub while protecting its economic achievements. Through increased vigilance and shared knowledge, everyone can contribute to a stronger and more secure economic landscape.
