Lahore: Two foreigners lose 6,300 euros, bitcoin in investment fraud

President Asif Ali Zardari has directed six banks to provide financial relief amounting to Rs24.136 million to 31 victims of bank fraud.

LAHORE: A man in Lahore cheated two foreigners to the tune of Rs14.7 million under the garb of investment, reported ARY News.

According to a first information report (FIR), registered on the complaint of an Islamabad resident, the man identified as Irfan Mahmood invited the foreigners, a Swiss man and German woman, to Lahore.

Also Read: More than 10 loose hundreds of thousands in first of its kind bank fraud in Lahore

The accused along his accomplices took the foreign nationals from a hotel where they were staying after arrival in Lahore to an undisclosed location with their eyes covered with a piece of cloth. The accused then blackmailed them into transferring 6,300 euros and 1.86 Bitcoin into his account.

Irfan Mehmood had met with both the foreigners in their respective countries.

Also Read: ‘Foreigner’ nabbed for looting citizen by marriage proposal via social media

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