Luxury way of life lands man behind bars for 3 years in Sharjah

As spending escalated, so did his dependence on borrowing. He relied on bank cards, overdrafts, and loans from buddies, turning debt compensation right into a vicious cycle. Month after month, his wage went virtually solely to banks, leaving him trapped in monetary quicksand.

The turning level got here when he borrowed Dh200,000 from a colleague, promising compensation inside two months. Instead of honouring his phrase, he prevented the lender, who finally filed a case. That single criticism opened the door to extra lawsuits, exposing a sample of bounced cheques and monetary negligence.

Soon, courts ordered him to settle practically Dh2 million in money owed. With no method out, he was sentenced to jail.

Speaking from his cell, he admitted: “I thought luxury was happiness, but it was an illusion that ruined my present and destroyed my future. My life became tied to debts and lawsuits. My advice is simple: never sacrifice your dignity or your family’s honour for appearances or temporary pleasures. Live simply, and never take debts you cannot repay.”

Colonel Belhaye, Director of the Criminal Investigation Department, mentioned this was not an remoted case however a recurring sample. “Many young people rush into spending and appearances without financial awareness. Fraud and bounced cheques often start with uncalculated decisions that spiral into legal trouble. The best prevention is early awareness.”

Manaa bin Mayed defined that the dangers of reckless spending transcend punishment. “The law does not protect those who neglect the rights of others. Financial negligence harms families, careers, and reputations in lasting ways.”

Psychologist Dr Nora Al Ali famous that debt usually stems from the false perception that happiness is tied to appearances. She mentioned greater than 70% of despair and anxiousness circumstances in households are linked to debt pressures and the breakdowns that observe.