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Karachi Raids Expose International Call-Center Ponzi Ring, 34 Arrested as $60 Million Probed

Investigators say seized data will guide efforts to map a cross-border network.

Overview

  • NCCIA-led, intelligence-based action began with a December 18 raid in DHA Phase 6 and extended to arrests in DHA Phase 1 and Ittehad.
  • Authorities detained 15 foreign nationals and 19 Pakistani citizens accused of duping overseas investors with fake high-return schemes.
  • Teams recovered 37 computers, 40 mobile phones, more than 10,000 SIM cards and six illegal gateway exchanges used to run the operation.
  • Preliminary findings point to roughly $60 million moved in Bitcoin and US dollars, with scams coordinated through platforms including Telegram.
  • Sindh officials vowed a continuing crackdown and acknowledged diplomatic sensitivities as investigators work to identify facilitators and victims.