The police claimed to have busted a gang of conmen who swindled over Rs270 million through sham schemes posted on the internet.
Law enforcers sprang into action after a resident of Gulistan-e-Jauhar, Bilal Khalid Shafi, registered a case at the Quaidabad police station. The men nominated in the FIR were: Syed Mohammad Shahab Alam, aka Double Shah, Syed Mohammad Wahab Alam, Farasat, Zohaib Ahmed aka Ali, Javed Askari, Kashif, Malik Asad and Amjad Abbasi.
SSP Malik Altaf Awan said that the police raided Mansehra Colony and caught the mastermind, Syed Mohammad Shahab Alam, and his two accomplices, Malik Asad and Amjad Abbasi. The men had been conning people through Globalinternetjobs.com, an advertising and investment website.
They had been posting sham schemes, luring people by promising a hefty return on investment. Law enforcers also seized laptops, computers and mobile phones from the suspects.
During the investigation, said the police, the mastermind confessed that he had swindled Rs270 million from people in Quetta, Karachi, Islamabad, Lahore and rural Sindh over the last five years. He added that he had deposited Rs110 million in foreign banks with the help of his friends.
Alam also said that the head office of the fake investment company was located in Gulistan-e-Jahaur with branches spread all over the country.
Published in The Express Tribune, October 25th, 2012.
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I got the info that conmen have been released. The main culprit and mastermind Syed Shahab Alam has started assuring to return the principal amount in December 2012. I still think it may be his another trick to gain time. Finally he will be to leave the country with his loot from people who just need some extra money to pay bills. I am one of the persons who went to his brother Syed Wahab Alam, Number one Franchiser of Globalinternetjobs.com. I hope to receive my principal amount in December 2012 if the mastermind is not making any fool and fraud again to the small investors.
Proud of our boys in uniform! Good job!