SECP Establishes Intelligence Unit to Monitor Financial Fraud in Pakistan
The Securities and Exchange Commission of Pakistan has approved a Corporate Intelligence Unit to detect suspected Ponzi schemes, illegal deposit-taking and other financial misconduct through open-source monitoring.
Banking Mohtasib Pakistan Resolves 29,001 Complaints, Secures Rs1.2 Billion for Customers
Banking Mohtasib Pakistan decided 29,001 complaints in customers’ favor during January to September 2026, involving Rs1.2 billion, and warned against financial fraud.
AKD Securities Warns of Deepfake Investment Scams Using Executives’ Identities
AKD Securities has warned investors about AI-generated videos and fake social media accounts impersonating Aqeel Karim Dhedhi and Hina Junaid.
SMCPL Warns Investors of Fake Accounts and Deepfake Content Using Arif Habib’s Identity
Safe Mix Concrete Limited has warned investors about fraudulent social media accounts, calls and AI-generated content misusing Arif Habib’s name and likeness to promote unauthorized investment schemes.
Lahore High Court Declares Bank Customer Data as Property in SIM Swap Fraud Case
Lahore High Court has ruled that customer data held by banks can constitute property under Pakistani law and its dishonest misuse may amount to criminal breach of trust.
Banking Mohtasib Provides Rs 1.46 Billion Relief to Customers Amid Rising Fraud Concerns
The Banking Mohtasib Pakistan has provided Rs 1.46 billion in relief to customers by resolving over 28,700 complaints in the first ten months of 2025, while urging vigilance against financial fraud and cybercrime.
NIBAF Enhances Banking Skills with Islamic Finance and Anti-Fraud Training Programs
NIBAF Pakistan has completed two specialized training programs in Lahore, focusing on Islamic finance principles for NBP officers and advanced fraud prevention techniques for professionals from multiple institutions.