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Bitcoin: Suspect nabbed for Rs 3b fraud

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  • Post category:Crime / Pakistan
  • Post last modified:22/12/2018
  • Reading time:1 mins read

ISLAMABAD: The Federal Investigation Agency cyber crime wing on Friday arrested a suspect involved in bitcoin fraud worth rupees three billion from Gulshan-e-Iqbal.
According to the FIA official, the suspect had been involved in duping around 17,000 citizens. He said that the FIA has initiated a crackdown against the suspects involved in online currency fraud and added that four accomplices of the suspect have been arrested so far.
The suspects have been identified as Hasan, Mehran, Nasir Dar, and Hasan Abbas and recovering four mobile phones and four laptops from their possession. The FIA cybercrime circle in charge Mohammad Usman initiated action upon the project director’s instructions.

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.