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The FATF sham

The decision by the Financial Action Task Force (FATF) on June 25 to keep Pakistan on the grey list despite successfully complying with 26 out of 27 demands came as a shock to most Pakistanis and outside observers. I too

Software icon McAfee charged in cryptocurrency scam

WASHINGTON: The creator of McAfee computer security software is facing charges that he cashed in on a “pump-and-dump” scheme, by promoting cryptocurrencies on Twitter to drive up their value. John McAfee, founder of the antivirus firm that bears his name,

Rs250 million scam exposed for vehicle purchase in Rawalpindi

RAWALPINDI: A massive scam defrauding customers nearly Rs250 million on the pretext of purchasing them a car has been exposed in Rawalpindi. Shakeel Ahmed, a property dealer and resident of Chontra area, narrated his ordeal to MM News and said

IESCO official stops whistleblower’s pension for exposing scam

ISLAMABAD: Several officials of the Islamabad Electric Supply Company (IESCO) have started victimisation against a whistleblower who exposed a multi-billion scam in the organisation. The public utility has stopped pension to Mohammad Aqeel who had written a letter to Energy

FIA arrests two post office employees for Rs22m fraud

ISLAMABAD: The Federal Investigation Agency has arrested two men on charges of embezzling Rs22 million through bogus receipts. The accused identified as Zawar-ul-Hassan and Muhammad Faheem were employees of Pakistan Post in Feroza, Rahim Yar Khan. They had allegedly misappropriated

Advertising scam exposed at PARC’s media wing

ISLAMABAD: The media wing of the Pakistan Agricultural Research Council (PARC) had been allegedly involved in receiving massive commissions from advertisements. The PARC, which works under the Ministry of National Food Security and Research, receives advance commission of 7-10 percent

Malaysia drops 1MDB charges against Goldman Sachs

KUALA LUMPUR: Malaysia has dropped criminal charges against Goldman Sachs over its role in the 1MDB scandal, a lawyer for the global bank said on Friday. Former Malaysian prime minister Najib Razak and his cronies were involved in embezzling billions

Twitter accounts of Biden, Musk, Obama, Gates hacked

SAN FRANCISCO: Twitter suffered a major security breach that saw hackers take control of the accounts of major public figures and corporations, including Joe Biden, Barack Obama, Elon Musk, Bill Gates, Jeff Bezos and Apple. Twitter disabled the ability to

Court to indict Asif Zardari in another reference on August 4

ISLAMABAD: An accountability court will indict former president Asif Ali Zardari and others in the Thatta Water Supply Scheme reference on 4th August. During the hearing on Tuesday, the judge directed all accused named in the reference to appear in

Multi-billion rupees food rations scam unearthed in Sindh

KARACHI: A massive corruption scam in which over two billion rupees worth of food rations was supposedly given during the lockdown and Rs600 million were given to hospitals has been unearthed. It has been further revealed that deputy commissioners were

NAB claims to recover Rs10 billion in wheat scam

ISLAMABAD: National Accountability Bureau (NAB) released a report on the wheat crisis in Sindh and claimed to have uncovered Rs10.612 billion in the inquiries of wheat scam against the Sindh Food Departments for theft of wheat Rs15.85 billion. The bureau

Actress Felicity Huffman released from prison

LOS ANGELES: Actress Felicity Huffman was released from prison Friday after serving 11 days of a 14-day sentence for her role in a scam in which she paid a bribe to help her daughter gain admission to college. Huffman, 56,