A sum exceeding one billion rupees was taken, and the individual fled tothe United States. According to sources from the Federal InvestigationAgency (FIA), Raja Amir Kayani, the son-in-law of the political figure andmanager of a bank located in Medina Town, collaborated with the staff of 8bank branches to offer low-interest loans to more than 500 account holders,enticing them with the temptation of higher returns.
They obtained the funds and provided them with fake receipts. The FIA, inconjunction with the bank’s team, has initiated a thorough investigation,taking possession of the private bank’s records. As per the FIA, other bankofficials involved in the fraud have also fled to Europe.
This incident reflects a concerning case of financial fraud that has led toa significant loss, and the authorities are actively pursuing theindividuals responsible for the deception, both in Pakistan and abroad. Thecollaboration between the FIA and the bank’s team highlights theseriousness with which such financial crimes are being addressed. .
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It serves as a reminder of the importance of maintaining the integrity offinancial systems and the consequences that individuals involved infraudulent activities may face when attempting to escape justice, evenacross international borders
