Nausheen Shah claims she was scammed out of Rs3.5 million by a director

Actor's crypto investments allegedly turned sour

In a shocking revelation, Nausheen Shah has brought to light an alleged scandal involving film director, Nabeelur Rehman Lutfi. Shah appeared on a Ramazan transmission, where she disclosed distressing details about the fraudulent activities allegedly orchestrated by Lutfi, warning others to exercise caution.

According to the actor, she entrusted Lutfi with a substantial sum of money under the guise of investment opportunities in the cryptocurrency market and as a loan for his upcoming film project. Shah stated that Lutfi had persuaded her to invest in crypto, assuring her of lucrative returns. Believing in his credibility and promises, she handed over the amount for crypto investments, in addition to extending an additional loan for his film venture.

"There is a director from our fraternity, his name is Nabeelur Rehman Lutfi who made the film 13. I gave them Rs35 lacs (Rs3.5 million) and these guys vanished," said Shah. She continued, "So this guy Nabeel, and his wife, they were supposedly my friends. Nabeel said he works on cryptocurrency, so why don't you invest with me? I was like, 'Okay, what's the reasonable amount?' He said, 'At least Rs2 million.' So I said, 'Fine,' and I gave them - and check my smartness - nothing written, nothing read, I gave them Rs20 lacs (Rs2 million)."

Actor Alyy Khan, who was also at the gathering, explained to Shah that cryptocurrency is at an all-time high and she should seek out this man to get her money back with the skyrocketed profit. To this, Shah reiterated that he has fled with the money. Shah further added that she lent the director a further Rs1.5 million (15 lacs) for his movie as a loan.

She went on, "Whoever knows him, just be very careful. Be aware. If you want to have any dealings with him, it should be in writing. Slowly and gradually, it came to light that I was not the only one. They took about 5 to 6 crores (Rs60 million) from different people and since then, the husband and wife have vanished."

Furious and remorseful, Shah urged the public not to fall victim to Lutfi's allegedly deceitful schemes, cautioning against any financial transactions with him. The ordeal has led to legal repercussions, with FIRs (First Information Reports) filed against Lutfi and his wife for their alleged involvement in fraudulent activities. Shah expressed regret over her own negligence in failing to ensure proper documentation for the transactions, urging others to exercise diligence and scepticism when approached for financial investments.

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