NRI businessman Firoz Hussain Merchant donates Rs 2.5 crore to free 900 prisoners in UAE

News Network
February 28, 2024

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An Indian businessman and philanthropist donated 1 million dirhams (approximately Rs 2.5 crore) to secure the release of 900 prisoners from jails across the Gulf nation since the beginning of 2024. He aims to get 3,000 prisoners released this year.

Firoz Hussain Merchant, 66, owner of Pure Gold Jewellers, donated 1 million dirhams to the United Arab Emirates (UAE) authorities. He is based in Dubai.

This is a message of humility, humanity, forgiveness and kindness ahead of Ramadan, Firoz Merchant's office said.

"Prominent Dubai-based Indian businessman and philanthropist Firoz Merchant of Pure Gold has donated close to Rs 2.25 crores (AED 1 million) to ensure the release of 900 prisoners from jails across the Arabian nation," said the statement from his office.

Merchant, known for his 'The Forgotten Society' initiative, has already facilitated the release of 900 prisoners since the beginning of 2024.

This included 495 prisoners from Ajman, 170 prisoners from Fujairah, 121 prisoners from Dubai, 69 prisoners from Umm Al Quwain, and 28 from Ras Al Khaimah, according to Maagulf news portal.

Merchant also paid their debts and provided airfare for them to return home, aiming to reunite families and offer a second shot at life, according to Maagulf, an online news portal for the Telugu community residing in the Gulf.

His goal for 2024 is to help over 3,000 prisoners go free.

In conjunction with the Director Generals of Police at the Central Jails across the UAE, Merchant's initiative has helped over 20,000 prisoners over the years, earning him accolades from government officials and prisoners alike.

"I am grateful for the collaboration with the government. The Forgotten Society believes that humanity knows no borders, and we work together to offer these individuals the chance to reconcile with their families and communities," said Merchant.

Colonel Mohammed Yusuf Al-Matrooshi, a UAE official, commended Merchant's dedication to prisoner rehabilitation.

"He has helped countless individuals, and his quiet generosity offers genuine hope to those struggling to pay their fines," Al-Matrooshi said.

Who is he?

Born in 1958 as one of the nine children of Gulam Hussain and Malekbai in Mumbai, Merchant had a childhood of struggles after his father's real estate business failed. At the age of 11 Merchant dropped out of school to help his family financially. 

He found his calling in the gold business during a trip to Dubai at the age of 22 and established the first Pure Gold Jewellers in 1989, which has now grown to more than 120 outlets.

Pure Gold Group consists of FGM Holding, Pure Gold Jewellers, Pure Gold Real Estate Development, La Moda, and Pure Gold Manufacturing.  

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News Network
November 22,2024

Mangaluru: A man fell victim to an online scam, losing Rs 1.7 crore after fraudsters posed as officials from TRAI. According to a complaint filed at the CEN police station, the incident began on November 11, when the complainant received a call from an unknown number at 9:49 am.

The caller, claiming to represent TRAI, alleged that another mobile number registered under the complainant's name was involved in illegal activities in Andheri (East), Mumbai. The caller further stated that an FIR was lodged against the complainant for harassment under the guise of marketing. He was instructed to contact Andheri (East) police station immediately or risk his mobile service being deactivated within two hours.

The complainant was subsequently connected to an individual named Pradeep Sawant, who claimed the complainant was implicated in a money laundering scheme linked to the Naresh Goyal fraud case. Sawant alleged that a fraudulent bank account under the complainant's name was opened at Canara Bank, Andheri, and used to purchase a SIM card for illegal activities. He warned that the complainant could face arrest.

Later, the complainant was contacted via WhatsApp video call by individuals posing as Rahul Kumar (a police officer) and Akanksha (a CBI officer). They allegedly sent fabricated CBI documents to his WhatsApp number. The fraudsters demanded money to "resolve" the case. Fearing threats, the complainant allegedly transferred Rs 1.7 crore through RTGS in batches of Rs 53 lakh, Rs 74 lakh, and Rs 44 lakh between November 13 and 19. A case has been registered at the CEN police station and an investigation is ongoing.

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