Web desk: Karachi authorities, including the National Counter Crime and Intelligence Agency (NCCIA) and Ehsaas institutions, carried out coordinated raids in DHA Phase 1 and Phase 6 on Thursday.
Several foreign nationals were taken into custody during the operations for running a large Ponzi scheme. Officials also recovered sensitive data from the suspects.
The arrested individuals were running a well-organised and extensive network through an investment scheme, officials said.
Authorities revealed that the arrested individuals were running a large and organised network through an investment scheme.
Thousands of people were affected and suffered significant financial losses as a result.
Officials confirmed that operations are ongoing to apprehend other individuals connected to the network.
Initial findings indicate that thousands of people were affected and suffered significant financial losses due to the network’s activities.
Authorities noted that the suspects had been living in Karachi’s posh areas while continuing their operations.
NCCIA confirmed that operations are ongoing in other parts of the city to arrest additional individuals connected to the network.
Investigations into all aspects of the case are underway.
Foreign nationals running a large Ponzi scheme arrested in Karachi’s DHA during a coordinated operation by NCCIA and Ehsaas institutions. Raids conducted in DHA Phases 6, 1, and Khayaban-e-Ittehad.#pakistanconnect pic.twitter.com/W3V9pLG8fz
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Fresh advisory against latest scams
Previously, NCCIA issued an alert to the public, warning them about fraudulent calls and messages impersonating government officials or banks.
NCCIA emphasised that official institutions such as banks, NADRA, the Army, or FIA never contact citizens via WhatsApp calls. Any such call claiming to be from these authorities should be immediately blocked.
The agency also warned that requests for one-time passwords (OTPs) on mobile phones are always fraudulent and should be treated with caution.
NCCIA further clarified that legitimate banks will never threaten customers with account closures over calls or messages.
Citizens are also urged to remain careful and report any suspicious activity to the authorities.
