A woman named Sidra Humaid has been accused of defrauding around Rs. 42 crores through an online committee system.
According to a social media post, several women lost millions worth of money via various Facebook groups operated by entrepreneur ‘Sidra Humaid’ who allegedly conned women through an online committee system.
Social media users have expressed outrage over the fraud and called out the unknown entrepreneur after she declared bankruptcy online. After being named and shamed online, Sidra Humaid issued a public apology by saying:
“My name is Sidra Humaid and I am reaching out to the world through this public apology to inform people about my current position regarding my committees. I have really messed up my committees and now I am practically bankrupt and have no means to pay off my committees.”
She added, “I started off with small committees and it worked well for me but as it grew and I opened more committees to help my friends and loved ones with their difficulties, I found myself in trouble of paying more and more money each month. To solve the monthly payments issue I had to start more committees and that eventually resulted in a rolling loop that had no end. Now I have to pay so much money, which I cannot even calculate.”
