SYDNEY – A self-proclaimed fortune teller and her assistant have been charged with defrauding vulnerable clients of tens of millions of dollars in a sophisticated money-laundering and fraud operation. Police arrested the 53-year-old woman and her 25-year-old assistant at a home in Dover Heights on Wednesday morning following a targeted raid. The older woman, who […]
money laundering
18 arrested in global crackdown on €300 million online fraud
WIESBADEN – In a major international operation against online fraud and money laundering networks, German authorities announced the arrest of 18 suspects linked to a massive financial scam spanning multiple countries. According to Germany’s Federal Criminal Police Office (BKA) and prosecutors, between 2016 and 2021, the group allegedly used stolen credit card details of 4.3 […]
Cybercrime mafia under probe in NCCIA
ISLAMABAD — The National Cyber Crime Investigation Agency (NCCIA) is bracing for a sweeping overhaul amid reports of a powerful “cybercrime mafia” allegedly operating within the institution, sources revealed on Monday. According to informed officials, senior police officer Syed Khurram Ali is expected to take charge as part of a top-level reshuffle aimed at restoring […]
US Charges Indian Ex-Agent in Global Murder-for-Hire Plot
NEW YORK: New court documents reveal that an Indian intelligence operative allegedly orchestrated a global murder-for-hire scheme spanning the United States, Pakistan, and Nepal. Former RAW officer Vikash Yadav reportedly recruited Indian national Nikhil Gupta to target a US-based Sikh separatist leader advocating for Khalistan, promising him firearms and logistical support to execute the plot. […]
Meeting reviews anti-money laundering, counter-terror financing measures
The Punjab Home Department convened a meeting to review progress on Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) measures, on Saturday. The meeting was chaired by Chairman AML/CFT and former Inspector General of Police Mushtaq Sukhera, and attended by Director General AML/CFT Ahsan Sadiq, as well as secretaries and senior officials from Home, […]
Lahore court acquits PM Shehbaz, Hamza in Rs16bn money laundering case
Prime Minister Shehbaz Sharif and his son Hamza Shehbaz have been acquitted in money laundering case. The court announced its judgment in the mega money laundering case against the Shehbaz family after the FIA prosecutor informed the court that no money was directly deposited in the accounts of both son and father. The court had […]
Accountability court summons CM Sindh on 7 October
ISLAMABAD: On Tuesday Islamabad accountability court summoned Sindh Chief Minister Murad Ali Shah and other accused in Nooriabad Power Plant reference. The court directed the chief minister and 16 other accused persons to turn up on Oct 7 when they will be indicted in the case. According to the NAB reference, CM Shah is accused […]
Money laundering case of Shehbaz Sharif adjourned till Aug 16
PML-N President and opposition leader in National Assembly Shehbaz Sharif and his son Hamza Sharif’s pre-arrest bail has been extended by the court in the sugar and money-laundering scandal till Aug 16. Shahbaz had requested through his counsel to adjourn the hearing as he had to go to Islamabad to attend the National Assembly session. Sessions court […]
Hamza Shehbaz presented in FIA, submits written reply to investigation team
LAHORE: PML-N leader and Opposition Leader in the Punjab Assembly Hamza Shehbaz appeared before the Federal Investigation Agency (FIA) in connection with its ongoing investigation into alleged money laundering of Rs25 billion through the sugar mills owned by the Sharif family. He turned up at the agency’s Lahore office to record his statement and submit […]
EU encourages Pakistan to follow steps outlined by FATF to curb money laundering
BRUSSELS: The European Union (EU) has said that the fight against money laundering is its top priority. It is why, the EU says, they encourage all countries, including Pakistan, to follow the steps outlined by the Financial Action Task Force (FATF). The statement from the EU came after its spokesperson was asked why Pakistan has […]