The Federal Investigation Agency (FIA) Anti-Money Laundering (AML) Circle has seized another high-end vehicle linked to Armaghan Qureshi, the prime suspect in the Mustafa Amir murder case.
The vehicle, a Ford Raptor valued at around Rs58.5 million, was recovered from the Quaidabad area on Thursday following a 22-day search operation.
Investigators had earlier discovered that the luxury vehicle, which was reportedly used by Armughan, had gone missing from his residence. The latest seizure marks another breakthrough in the ongoing probe, which has repeatedly unveiled new layers of financial irregularities linked to the accused.
According to FIA sources, Armughan allegedly amassed a vast fortune through illicit call center operations over the past seven years. Investigators estimate that between $300,000 to $500,000 of illegally acquired funds were converted into cryptocurrency daily. These earnings were reportedly used to purchase luxury assets, including high-end vehicles and properties in upscale areas.
The FIA has so far identified eight vehicles purchased with the proceeds of the fraudulent scheme, with a total estimated value exceeding Rs120 million. One such vehicle, worth over Rs50 million, was previously seized from Armughan's residence on March 5.
The FIA's AML Circle, in collaboration with specialised units, continues to probe the extent of Armughan's financial dealings. Authorities believe that significant portions of the illegally acquired funds have been funneled into cryptocurrency transactions, real estate investments, and other high-value assets.
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