Pakistan Police Uncover Major Ponzi Scheme, Arrest 149 Including 71 Chinese Nationals

Pakistan Police Uncover Major Ponzi Scheme, Arrest 149 Including 71 Chinese Nationals

ISLAMABAD, July 11 — Pakistani authorities have arrested 149 individuals, including 71 foreign nationals—primarily Chinese—in a raid on a fraudulent call centre, the National Cyber Crime Investigation Agency announced today.‍

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ISLAMABAD, July 11 — Pakistani authorities have arrested 149 individuals, including 71 foreign nationals—primarily Chinese—in a raid on a fraudulent call centre, the National Cyber Crime Investigation Agency announced today.

According to an official statement, the raid uncovered a large-scale operation involved in Ponzi schemes and investment scams.

"This fraudulent network was deceiving the public and unlawfully collecting vast sums of money," the agency said.

The operation was based on a tip-off and targeted a network operating in Faisalabad, a major manufacturing hub in eastern Pakistan. The raid took place at the residence of Tasheen Awan, a former head of the local power grid. Authorities confirmed Awan has not been taken into custody.

Those arrested include 78 Pakistanis and 48 Chinese nationals, along with individuals from Nigeria, the Philippines, Sri Lanka, Bangladesh, Zimbabwe, and Myanmar. Among the 149 suspects, 18 are women.

A police report revealed that victims were initially offered small returns to gain their trust, before being encouraged to invest larger amounts.

“The accused managed WhatsApp groups where they enticed ordinary individuals with small investment tasks, such as subscribing to TikTok and YouTube channels,” the report stated. “Eventually, they were moved to Telegram, where they were asked to complete higher-value investment tasks.” — AFP

All those arrested were in custody, including 78 Pakistanis and 48 Chinese, as well as citizens from Nigeria, the Philippines, Sri Lanka, Bangladesh, Zimbabwe and Myanmar. ― iStock pic

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