The Federal Investigation Agency (FIA) has dismantled a big group of actors involved in online fraud.
The FIA Cyber Crime Circle in Multan arrested the network’s ringleader who was managing at least 10 fraud gangs and operating from Dunyapur. He allegedly used spoofing technology and cloned apps to create fake IDs and accounts to take millions from unsuspecting citizens.
The network imitated bank representatives, police officials, and visa agents, to deceive individuals. Victims were often contacted with fabricated stories, including false arrests of relatives, to extort money. Using cloned apps, the gang created up to 50 fake accounts per device and deposit stolen funds up to Rs. 40 million into these accounts.
Two mobile phones were seized from the ringleader which contained extensive transaction records and incriminating videos linked to the fraudulent operations. The gang used vehicles to transport their stolen funds and even accessed victims’ bank accounts through compromised phone numbers to collect money from their contacts. The ringleader is currently in custody and awaits further investigation.
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