ISLAMABAD: The National Cyber Crime Investigation Agency (NCCIA), in a joint operation conducted with Sindh Home Minister Ziaul Hasan Lanjhar, has broken down an international cyber crime ring that was behind investment scams conducted online.
Police have arrested 15 foreign and 19 Pakistani nationals for duping people through fake investment platforms for cryptocurrencies and Forex.
As reported by directors of the NCCIA, the gang lured their victims through social media platforms with the promise of earning large profits through fake login platforms that gave the impression of actual investment platforms.
The gangs were found to have used 37 computers, 40 mobile phones, more than 10,000 SIM cards, as well as six illegal gateway exchange platforms that were used to create fake accounts on the Telegram platform, among others.
The raid took place in DHA’s phase one and phase six locations, with authorities working on gathering more evidence in the case. The Sindh Home Minister, Lanjhar, lauded the NCCIA’s successful operation against cybercriminals, stating that cybercriminals who operate globally would face consequences.
It has been reported that experts believe such global cyber crime raids demonstrate the need to come together to tackle financial scams and fraud being performed using the Internet globally.
ISLAMABAD: The Aviation Safety Agency has warned airlines that flights over the airspace of Gulf…
ANKARA: Field Marshal Asim Munir held an important meeting with Turkish President Recep Tayyip Erdogan…
ISLAMABAD: The highly controversial Indian movie named 'Satluj' has been the talk of the town…
ISLAMABAD: In view of the increasing tension in the region and the fears of closure…
ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…