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Rs25 million transaction found in blind man’s account

KARACHI: Blind sesame seed cookie vendor has overnight turned out to be owner of a company and 25 million rupees. It was revealed to Liaquat, who sells sesame seed cookies in Saddar areas, only after a team of the Federal Board of Revenue (FBR) approached him at his house in Karachi.  This should be noted that several such bank accounts have been cropped up since the FIA has recently launched a crackdown against money laundering through fake bank accounts. Talking to ARY News correspondent Salman Lodhi, he said…

After falooda vendor, rickshaw driver becomes millionaire overnight

KARACHI: Another case of billions of rupees transaction in fake bank account has cropped up in an ongoing probe by the Federal Investigation Agency (FIA) against money laundering and this time the bank account was made in a rickshaw driver's name. According to details, about worth Rs3 billion transaction took place through the bank account of the resident of Korangi area, Rasheed.  While recording his statement with a joint investigation team a day earlier, the alleged bank account holder said he was unaware of any…

Here’s how much you need to save each month to become a millionaire in 15 years

Young people are pretty confident about their financial futures. A recent survey found that 53 percent of millennials expect to become millionaires at some point in their lives if they aren't already. While 23 percent believe they'll hit $1 million by age 50 or older, many expect to get there more quickly. A full 19 percent say they'll become a millionaire by age 40 and another 7 percent predict it'll happen by 30. But what if you want to speed up the process and reach that milestone in the next 15 years? It could be…

Young Muslim millionaire gives all his money to charity and passes away

Death was all around him after he was diagnosed with cancer in 2015, so he decided to battle the disease by dedicating his life for a positive change. The Muslim millionaire, Ali Banat was told that he only had seven months to live, but he outlived the period predicted by doctors with his struggle to reform the rest of his life. He said his life was a gift because Allah had given him a chance to change.  The businessman from Sydney engaged himself in philanthropic work and shunned his lavish lifestyle. Prior to his…