The Federal Investigation Agency (FIA) has arrested two suspects in an alleged online gambling network linked to 11 companies. The companies recorded a combined credit turnover of nearly Rs120 billion, according to an investigation report. Faryal Khan, public relations officer to the FIA director in Faisalabad, confirmed the arrests. She said the agency was conducting raids to arrest the remaining suspects.
The case involves allegations of online gambling, illegal financial transactions, and the use of business accounts to move funds. The FIA is investigating how the companies handled billions of rupees through multiple banking channels.
TechJuice previously reported on the case in its story, “Easypaisa Insiders Implicated in Rs 120 Billion Digital Gambling Syndicate.” The latest developments include two arrests and further details about the companies involved.
FIA Traces Billions in Transactions Across 11 Companies
According to FIR No. 32/2026, one of the arrested suspects owned three companies. These businesses recorded a combined credit turnover of approximately Rs47.78 billion. The second suspect allegedly developed dummy websites for the companies. Investigators say he also helped test the websites as part of arrangements to obtain corporate payment accounts.
The FIR further reveals that eight companies were registered under the names of just three individuals. These companies recorded an aggregate credit turnover exceeding Rs105 billion.
Across all 11 companies, the FIA recorded Rs119.93 billion in credit turnover and Rs118.80 billion in debit turnover. These figures represent total transaction volumes, not necessarily stolen funds or money personally retained by the accused.
Investigators allege that the companies received and transferred funds linked to online gambling. They reportedly presented their operations as legitimate businesses offering e-commerce, digital marketing, and construction services.
The FIR names several online gambling platforms, including U7777 Game, TD777 Game, 89F Game, and EPIWIN. Investigators also found that five branchless collection accounts received approximately Rs8.586 billion through around 10.49 million transactions.
Investigation Examines Hawala, USDT Transfers
According to the FIR, funds moved through multiple banking channels before reaching other accounts. Investigators allege that some transactions were settled through unauthorized hawala/hundi networks and USDT cryptocurrency arrangements.
The report also alleges that two suspects proposed a local payment arrangement for a Chinese associate. The individual was described as an international agent linked to online gambling platforms.
Investigators are also examining an alleged profit-sharing arrangement involving the suspects. According to the FIR, they reportedly earned between Rs100 million and Rs450 million over approximately one year. These allegations remain subject to investigation and judicial determination.
The FIA director general says that a committee of agency officers had been formed to conduct a comprehensive investigation. The committee is examining the case from multiple angles to establish the network’s full scale and identify those involved.
The FIA chief said the agency was making every effort to arrest the remaining suspects and bring those responsible to justice. The agency has registered the case against eight individuals under Sections 4, 5, and 23 of the Foreign Exchange Regulation Act, 1947. The charges also include Sections 420, 468, and 471 of the Pakistan Penal Code.
