The Federal Investigation Agency (FIA) has uncovered a major illegal currency exchange operation tied to Umrah pilgrim expenses in Karachi. Acting on a confidential tip-off, the FIA Corporate Crime Circle Karachi raided a travel agency office and arrested Abdul Jabbar, who is alleged to be involved in illegal currency exchange and referral handi.
According to the FIA spokesperson, Jabbar was apprehended from Gurmandar during the raid. Authorities recovered over 6.38 million Pakistani rupees, 6,355 US dollars, and 176,250 Iraqi dinars from his possession. Additionally, his mobile phone contained messages related to fund transfers to Saudi Arabia.
The spokesperson revealed that Jabbar was unable to justify the source of the recovered currency. The fraudulent referral handi operation is said to be causing significant financial losses to the national exchequer.The accused has been detained, and investigations are ongoing. Further raids are planned to apprehend additional suspects involved in the scheme.
