NCCIA arrests three in online fraud cases

RAWALPINDI:

The National Cyber Crime Investigation Agency (NCCIA) Rawalpindi has arrested three suspects involved in two separate cases of online trading and investment fraud worth millions of rupees and recovered millions of rupees from them.

Further investigation is under way, officials said.

In the first case, a suspect allegedly lured Rawalpindi resident Muhammad Arshad into an online trading and investment scheme through a WhatsApp group titled "v185-Wharton", promising attractive investment opportunities and substantial profits.

As a result, the complainant transferred more than Rs21 million from his bank accounts to various beneficiary accounts provided by the suspects through an application and ATM cards, suffering a substantial financial loss.

The NCCIA conducted a raid and arrested the suspect, recovering electronic and mobile devices as well as Rs1.4 million from him.

In another operation, a citizen was allegedly defrauded of more than Rs2.9 million through Facebook and WhatsApp.