Law enforcement agencies arrested several foreign nationals in Karachi on Thursday for running a large-scale Ponzi scheme.
The National Counter-Cyber and Intelligence Agency (NCCIA), in coordination with Ehsaas institutions, carried out targeted raids in the Defence Housing Authority. The operation covered locations in DHA Phase 6 along Khayaban-e-Ittehad and DHA Phase 1.
Officials said the suspects operated a well-organised financial fraud network that targeted thousands of people. Victims suffered significant monetary losses as a result of the scheme.
این سی سی آئی اے اور احساس اداروں کی مشترکہ کارروائی میں کراچی کے ڈی ایچ اے فیز 6 اتحاد اور ڈی ایچ اے فیز 1 سے غیر ملکی شہریوں کو حراست میں لیا گیا۔ حکام کے مطابق کارروائی کے دوران ایسے شواہد اور حساس ڈیٹا حاصل کیا گیا ہے جو ایک بڑے پونزی اسکیم نیٹ ورک کی نشاندہی کرتا ہے۔ ابتدائی… pic.twitter.com/G3FHgN2rCv
— Karachi Times (@KarachiTimes123) December 18, 2025During the raids, authorities recovered sensitive digital and financial data from the suspects. Investigators will use the material to build cases and pursue further legal action.
Preliminary findings suggest the network used deceptive investment promises to lure victims and sustain the fraud.
Officials confirmed that the investigation has widened. Additional raids are underway to trace and arrest other individuals connected to the scheme. Authorities said they will share further details as the inquiry progresses.
