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Key Suspect Arrested in Multimillion Fraud Case in Faisalabad, Linked to ATM Card Scam

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A key suspect involved in a multimillion fraud has been arrested in Jaranwala, according to the Federal Investigation Agency (FIA).

The suspect, identified as Atif Shehzad, was caught red-handed withdrawing money from an ATM. During the arrest, the FIA recovered 64 debit cards from various banks, two packets of ATM cards, and a mobile phone.

The gang is involved in duplicating citizens’ ATM and debit cards, with assistance from bank employees who provided sensitive account details to the gang leader, Abdul Razzaq.

The gang accessed account balances, signatures, biometric data, and ATM cards, and had already withdrawn millions illegally. The suspect would hand over large sums of cash daily to Abdul Razzaq.

FIA officials are conducting raids to arrest other gang members involved in the scam.

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