Earlier quoted context omitted.
It is less about fraud and more about the existence of draconian laws (imprisoning debtors) in a place that professes modernity and manipulation of or utter disregard for said laws by those in high places. All parties including the main lender knew about the irregularities you cited, yet they agreed to restructure the loan. The man's fraud charge normally carries a 3 year sentence but he's still in prison 13 years la…
Imprisoning debtors has been a request from British banks to operate in the country. Yes, banks wield vast powers but when you are playing with billions you gotta pay to play .I lost my life savings in that crisis, for no reason at all on my part. It was the greed of banks and many fraudsters . I was rightfully imprisoned in Dubai, which is very rare to admit, I was drunk on a public beach and kissing my girlfriend i…
Many western people think they can just go anywhere and expect laws to work the same as they do at home. I would not go to a country with such insanity but if you do, observe the local laws and customs. They don’t put up 100s of scary posters at the Thai border for nothing for instance, tourists seem to blatantly break these religious rules and they will face consequences. Same with a lot of Middle East, African and Asian countries. Just do your research or simply do not go; it is not like Europe or the US, although of course for most people it feels like it because they don’t get caught (by pure luck; I doubt most holidaying for a week in Dubai know about this) when they kiss on Ramadan.