NCCIA Exposes Major Cryptocurrency Fraud Scheme

The Cybercrime Reporting Centre of the National Cyber Crime Investigation Agency (NCCIA) in Gujranwala has uncovered a large-scale online scam involving cryptocurrency and fraudulent investment schemes.

According to an NCCIA spokesperson, the investigation was initiated after a resident of Sangla Hill lodged a complaint claiming he had been cheated out of millions of rupees by individuals pretending to represent an international company.

Preliminary findings revealed that the accused were collecting significant sums of money from victims using multiple bank accounts and mobile numbers. In one reported case, the complainant alone lost Rs1.28 million.

The scammers allegedly relied on fake WhatsApp profiles, international phone numbers, and deceptive online advertisements to lure people into investing in fictitious digital schemes.

A case (FIR No. 170/2025) has been filed at the NCCIA Police Station in Gujranwala under Sections 13, 14, and 16 of the Prevention of Electronic Crimes Act (PECA) as well as Sections 419, 420, 468, 471, and 109 of the Pakistan Penal Code (PPC).

Authorities said efforts are ongoing to identify those involved and recover the defrauded money.