Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Billions found in fake bank accounts of dead man

byCT Report
15/10/2018
in Business
Share on FacebookShare on Twitter

KARACHI: After a series of mysterious deposits in bank accounts of several unsuspecting individuals across the country, the Federal Investigation Agency (FIA) has found yet another transaction worth billions of rupees was detected in fake bank accounts of a man from Karachi on Monday.

Except this time, the man in question had died years ago.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

Short-term inflation ticks up 0.49pc WoW, pushing annual rate to 9.66pc

21/08/2026

Iqbal Aaraiyn, who passed away on May 9, 2014, had three bank accounts mysteriously opened under his name after his death. A total of Rs4.6 billion worth of transactions were found to have been conducted through these fake accounts, sources familiar with the matter said.

A number of deposits such as this have surfaced in recent days, as the Federal Investigation Agency (FIA) continues its probe in a high-profile money laundering case involving fictitious ‘benami’ bank accounts.

The agency earlier this month traced a trade account of a student from Larkana with millions of rupees, a week after it found Rs2 billion in a food vendor’s bank account. An unsuspecting man from Hyderabad recently woke up an overnight millionaire when he found Rs49,954,432 listed on his ATM slip.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

Short-term inflation ticks up 0.49pc WoW, pushing annual rate to 9.66pc

byCT Report
21/08/2026

ISLAMABAD: Pakistan's Sensitive Price Indicator (SPI) recorded a week-on-week increase of 0.49% for the week ending August 20, 2026, driving...

Govt generates Rs144b through PSX Sukuk auction

byCT Report
20/08/2026

ISLAMABAD: The Ministry of Finance has raised Rs. 144.153 billion through the Government of Pakistan Hybrid Sukuk (GHS) auction conducted...

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

byCT Report
19/08/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs61 billion during fiscal year 2025-26, reaching Rs1.675 trillion by June 30,...

Next Post

KP Assembly passes Rs648b 'surplus budget'

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.