Over 170 customers’ data allegedly leaked in Lahore bank fraud

A major digital banking fraud has been uncovered in Lahore, where the personal data of more than 170 customers of a private bank was allegedly leaked and used to target wealthy account holders.

According to the Federal Investigation Agency (FIA), the suspects identified wealthy customers through the bank’s system and changed their addresses before applying for new ATM cards in their names.

The suspects allegedly conducted surveillance outside the customers’ homes and collected the new ATM cards from delivery personnel.

They later withdrew a total of Rs15 million from the accounts of five customers.

The FIA arrested a three-member gang in connection with the fraud. Those arrested include a private bank official and a woman.

According to authorities, the suspects obtained customers’ data through the bank’s internal system and specifically targeted high-net-worth individuals.

Further investigation into the case is under way.

Inquiry reveals Rs200 million embezzlement at Lahore’s Police Training College

A major financial scandal has surfaced at the Police Training College, Lahore (commonly called Chung college or PTC Chung) where an inquiry report alleges the embezzlement and financial misappropriation of more than Rs200 million. The report has recommended criminal and departmental action against several officials and a contractor over alleged bogus bills, forged entries, and misuse of college funds. According to the inquiry report, Rs. 169 million was allegedly misappropriated under the heads of training fees, PARA, and customs, while Rs. 31 million was allegedly embezzled from food and canteen revenue. The report says that Rs. 3.1 million was allegedly misappropriated […]

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