Financial Scams
NCCIA Busts Fake Loan App Network in Lahore, 39 Suspects Arrested
The National Cyber Crime Investigation Agency (NCCIA) just dealt a major blow to cybercriminals. The agency recently arrested 39 suspects in Lahore during a massive…
Pakistani Man Indicted for $126 Million USPS Postage Scam
A 33-year-old Pakistani man faces serious charges in the United States. He allegedly orchestrated a massive operation that severely impacted the US government. Ultimately, his…
5 Ways Scammers Stole Your Money in 2025: Here’s How to Stop Them
Digital fraud in Pakistan keeps evolving. Scammers do not sleep, and neither should your security protocols. As we wrap up 2025, reports of financial theft…
Meezan Bank Customers Targeted via Spoofed Official Numbers
A sophisticated banking scam is currently targeting Meezan Bank customers, raising serious concerns about data privacy and cybersecurity in Pakistan’s banking sector. Scammers are now…
Pakistan Loses $9 Billion Annually to Financial Scams: Global Report
Pakistan is losing an estimated $9.3 billion annually around 2.5% of its GDP to financial scams, according to the Global State of Scams Report 2025…
SECP Warns Public Against Fraudulent Claims Tied to Delisted Barwaqt App
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a Barwaqt app fraud alert, warning the public about ongoing scams linked to the…
SECP Upholds Penalty on VIS Credit Rating Company for Regulatory Violations
ISLAMABAD: The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has dismissed the appeal filed by VIS Credit Rating Company Limited (formerly…
Be Aware: New Scam Surfaces Regarding PTA Approved Devices!
LAHORE: The Pakistan Telecommunication Authority (PTA) is allegedly sending voice messages to mobile users, warning them that their phones are illegal and will be deactivated…
Senate Body Exposes Massive Solar Import Scam Allegedly Involving Habib Metropolitan Bank
ISLAMABAD: A Senate Treasury subcommittee has been apprised of an alleged multi-billion-rupee solar import scam involving suspicious foreign fund transfers, over-invoicing, and questionable banking transactions.…
WhatsApp Accounts of Islamabad Principals Hacked to Defraud Students and Parents
Islamabad: The WhatsApp accounts of numerous school and college principals have been compromised by fraudsters, who are allegedly utilizing these accounts to solicit financial contributions…
