Online financial fraud network busted; six held

Published
0

LAHORE: The National Cyber Crime Investigation Agency (NCCIA) claimed to have busted on Tuesday an organised gang involved in online financial fraud, arresting its six alleged members.

The operation was conducted on the directives of NCCIA Punjab Director Muhammad Ali Waseem as part of the agency’s ongoing efforts to protect citizens against cybercrime and dismantle criminal networks engaged in financial fraud.

According to the NCCIA, the arrested suspects have been identified as Irfan, Arsalan, Tasadduq Abbas, Naeem Shahid, Zeeshan, and Hasnain. They were apprehended during raids conducted in various areas of Jhang district.

Cases have been registered against them under multiple provisions of the Prevention of Electronic Crimes Act (Peca) 2016 and the Pakistan Penal Code (PPC).

Investigations revealed that the suspects used to contact citizens on the phone, impersonating bank managers, customer service representatives and other banking officials. They would fraudulently obtain the victims’ sensitive banking information, including ATM card details and One-Time Passwords (OTPs) and withdraw amounts from their accounts.

Many people suffered financial losses as a result of the gang’s fraudulent activities.

During the raids, NCCIA recovered six mobile phones, 16 debit cards and eight active SIM cards from the suspects.

The officials say that several facilitators associated with the network were involved in withdrawing the fraudulently obtained amounts and providing logistical support to the gang.

HATE SPEECH: The NCCIA has launched special measures to check hate speech, provocative content, sectarian material, and objectionable posts on social media during Muharram.

A special monitoring team has been formed to continuously monitor social media platforms from the 1st to the 10th of Muharram.

According to the NCCIA, the primary objective of this team is to identify elements attempting to harm sectarian harmony, promote hate campaigns, or create religious discord through social media.

Published in Dawn, June 10th, 2026

Opinion

Editorial

Risks ahead
02 Oct, 2026

Risks ahead

ON Thursday, a day after the PTI leadership expressed its resolve to go ahead with its planned protest march this...
Exit from Iraq
02 Oct, 2026

Exit from Iraq

AMERICAN and British troops have once again shipped out of Iraq. On Wednesday, the foreign forces left the Arab...
Lahore’s ozone warning
02 Oct, 2026

Lahore’s ozone warning

LAHORE has received another warning that its air pollution crisis cannot be treated as a problem that begins with...
Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...