The Federal Investigation Agency (FIA) has uncovered fraud of billions of rupees from the Pakistani people through fake applications created under the guise of corrupt currency.
According to Express News, the FIA Cyber Crime has sought an explanation from the international online investment company Bananas following the revelation of alleged fraud in online investments. The FIA has written a letter in this regard. Details of the alleged embezzlement have been sought from companies based in the United Kingdom and the United States.
In this regard, Director FIA Imran Riaz said that online fraudulent investments are being made in Pakistan in the style of these ponzi schemes, and in these schemes clients are lured to make more profit, companies would then disappear. When billions of rupees are accumulated.
On December 20, people from all over Pakistan contacted the FIA Cyber via social media and revealed the alleged fraud through 11 mobile applications, saying that these applications defrauded the Pakistani people of billions of rupees. According to the preliminary results of the inquiry that these applications have stopped working for a long time, there were 3 to 5 thousand people associated with such companies for investment, while the investment amount was from 100 100 to 80 80 thousand. The total amount is 100 100 million.
Imran Riaz said that the telegram was being contacted to provide information about fake apps. Binance is the largest unorganized virtual currency exchange where Pakistanis have invested millions of dollars, financing terrorism and Steps have been taken to keep a close eye on the balance sheet transactions to curb the menace of money laundering.