KP NAB Arrests Money Changer Over Cheating Public At Large

National Accountability Bureau Khyber Pakhtunkhwa chapter here Friday arrested accused Abid Nadeem, international currency exchanger allegedly involved in cheating public at large of Rs.251 million, said spokesperson

PESHAWAR, (UrduPoint / Pakistan Point News - 19th Apr, 2019 ) :National Accountability Bureau Khyber Pakhtunkhwa chapter here Friday arrested accused Abid Nadeem, international Currency exchanger allegedly involved in cheating public at large of Rs.251 million, said spokesperson.

According to details, Abid Nadeem was the owner of Allied International Money Changer had garbed of investment and fleecing general public of Rs. 251 million.

As per details, Abid Nadeem and his brother Abdul Waheed Khan had been running several businesses with name of M/s Allied International Money Changer and different CNG Stations in various cities of Pakistan.

Accused persons in connivance with each other lured general public to handover their hard earned money to them for investment in Allied International business, CNG Stations at Rawalpindi on the promise that they would be paid profit on their investment.

They neither paid any profit nor was the principal amount returned to the general public. Thus the accused person defrauded general public and deprived them of their hard earnings.

Accused Abdul Waheed was previously arrested while Abid Nadeem was declared Proclaimed Offender by the Accountability Court.

The accused persons would be produced before the Accountability Court for obtaining their physical custody.