Karachi: The Federal Investigation Agency (FIA) Anti-Money Laundering and Counter Terrorism Finance Circle has filed a case against individuals involved in fraudulent activities exceeding 14 crore rupees.
According to Express News, the case has been filed for allegations of purchasing property through fraudulent means, including a flat in Gulshan-e-Iqbal, a plot, and a shop in Naz Plaza. It was revealed that both individuals collaborated with their family members and other accomplices to make purchases using e-commerce, then canceled the orders and received refunds.
On the other hand, in response to merchants’ settlements, only one settlement amount was received, and the individuals used their private bank accounts in various branches of a private bank to receive the remaining amount. Through the bank’s IT system, a total of 14 crore 20 lakh rupees in losses were incurred by the bank.
Upon receiving a complaint from the private bank, the Cyber Crime Circle in Karachi conducted an investigation and filed an FIR under the Anti-Money Laundering Act, transferring the case to the FIA Anti-Money Laundering Circle for further investigation.