Police drop fraud case against Javed Sheikh, others

Suspects ‘deceived a couple into investing Rs5m with promises of lucrative returns’

RAWALPINDI:

The Rawat police station Monday dismissed the case of fraud of Rs5 million which was registered against seven persons including film star Javed Sheikh on the directives of a Rawalpindi sessions judge.

Filed under Section 420 of the Pakistan Penal Code, the charges allege that the accused deceived a couple into investing Rs5 million with promises of lucrative returns.

According to the Station House Officer (SHO) of Rawat police station, the case was registered based on a court order but the financial transactions took place in Karachi. During the investigation, the stamp paper presented to the police was also from Karachi.

The SHO further stated that the stamp paper was from a Karachi vendor, and since it does not fall within the jurisdiction of Rawat police, the case was dismissed.

The fraud case related to the property project’s promotional campaign was initially registered at Rawat police station. Besides Javed Sheikh, the case named seven individuals, including the company owner, Jehanzaib Alam.

Initially, the case was filed following the directives of the Additional District and Sessions Judge.

The police have summoned all the accused for investigation. According to the complaint filed by Amjad Mahmood and his wife, Iram Amjad, Javed along with Jahanzeb Alam, Jamal Khan, Rana Zahid, Azhar Hussain, and Sameer Jadoon, persuaded them to invest money, promising a 7% monthly profit.

The couple signed an agreement on official stamp papers and handed over Rs5 million. However, after several months, they did not receive any returns and were allegedly threatened when they demanded their money back.

The couple approached the court after the police initially refused to register their complaint.

Published in The Express Tribune, June 12^th, 2024.