FIA arrests 4 in fraud case involving Japanese consulate employees
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The suspects, identified as consulate employees Obaid and Victor, along with bank officers Fahad and Zeeshan, have been accused of orchestrating a sophisticated fraud scheme that defrauded millions of rupees using counterfeit documents.
The scheme involved creating two bank accounts under the name of a diplomat’s wife, using forged signatures and a fabricated introductory letter purportedly from the consulate. The suspects then used these accounts to withdraw money using checks with forged signatures. Additionally, funds allocated for the consulate’s electricity bills and customs clearance were misappropriated.
During the operation, the Federal Investigation Agency (FIA)’s Commercial Bank Circle recovered significant amounts, including $121,000, Rs600,000 in cash, and shares of various companies valued at Rs600,000.
