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Even as the novel coronavirus continues to mutate into ever more dangerous forms, hackers and fraudsters have similarly stepped up their efforts to parting unsuspecting UAE residents from their money with financial scams. Several new variations on established dodges have made their way to the UAE this year, from cryptocurrency counterfeiters to Expo 2020 Dubai imitation rackets. As cybercriminals take advantage of the pandemic, global digital fraud attempts rose 149 per cent from January to April this year as compared to the previous four months, consumer credit reporting agency TransUnion reported recently.

Here’s how some of the latest scams have played out in the UAE over recent months and how to handle them. In all cases, if…

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