The Public Prosecution in Abu Dhabi has sent an Emirati businessman to seven days custody after his Dh31 million cheque bounced. The man paid by cheque after successfully bidding for car plate number 1 in an auction held in Abu Dhabi on November 19.
The businessman A.A.M. was charged with fraud after he wrote the check without sufficient balance in his account for the Vanity Number Plate Auction, a statement from the prosecution said.
The Vanity Number Plate Auction featured 50 exclusive and unique vanity number plates and fetched a total of over Dh99 million.
News Source:UAE man jailed for bounced cheque worth Dh31m