Facts About UAE Investment FraudFacts About UAE Investment Fraud

In a move that is believed to be unprecedented, Howard Fensterman, a New York attorney, businessman, and investor has developed a powerful website (www.investinuaefraud.com) to attract and alert investors and international business leaders who are contemplating investing in the U.A.E. Fensterman’s goal is to have his cautionary tale migrate to the top of popular search engine sites so that others do not fall victim to the same fraud he and his investors did. As Fensterman sees it, never before has anyone sought to take advantage of social media in this manner. Fensterman is determined to do just that: waging an aggressive and relentless campaign to call attention to a pattern of persistent and insidious fraud on the part of high ranking officials of the U.A.E. government.

Howard Fensterman, a formidable investor with a reputation for spotting and putting together dozens of deals that have earned handsome returns to hundreds of business associates over the past twenty years, has promised to channel his anger over investments funds stolen from a bank in the U.A.E by taking his message directly to the global investment community via the world-wide web. According to a lawsuit filed in Florida State Court by American Gulf Insurance Company, LLC (AGI), $18 million was stolen by highly placed officials of the U.A.E. government.

American Gulf Insurance Corporation, LLC (AGI) files civil and criminal fraud, theft, kidnapping lawsuit against highly placed officials affiliated with the Royal Family and Government of the United Arab Emirates (U.A.E.). The lawsuit serves as a cautionary story for American investors looking to do business in the UAE.