Two Indian men and a woman have been sentenced to 517 years each in jail by a Dubai court for swindling thousands of people in a multi-million-dollar fraud case, the UAE media reported. Sydney Lemos, from Mapusa in north Goa, was the chief executive of Exential, a forex trading company in Dubai Media City. Dr Mohammad Hanafi, the presiding judge of the special bench, sentenced Valany in absentia. Prosecutors had accused the defendants of swindling and deception and referred the case to the special panel on October 31. A UAE lawyer representing a group of victims said the ruling may help recover some of his clients’ money.

Source: Indian Express April 11, 2018 14:58 UTC