An Asian man will be removed from the UAE after a Sharjah court determined he had run a money transfer business without the legal permits required from the relevant authorities.
The Sharjah Misdemeanours Court chose deportation in place of a one-year prison term. As part of the ruling, the court directed that every item and piece of equipment linked to the offense be confiscated and required the man to cover the costs of the case.
During the proceedings, the defendant acknowledged that he had moved funds out of the country without securing the permits needed to legally carry out such work.
According to the case file, clients would hand over money to the man for transfer abroad even though he held no authorization to operate as a money transfer agent. Investigators built their case by tracking his activities over a period of surveillance, ultimately detaining him at a moment when he was accepting cash from customers and fielding calls from individuals abroad who were arranging transfers through him.
The absence of any license from the competent authorities was the central factor establishing that his handling of these transactions fell outside the law.
