The Federal Investigation Agency’s (FIA) National Cybercrime Wing apprehended Liaqat Ali Chhajra, a key suspect in a major fraud case exceeding Rs280 million, in Multan. The arrest followed a six-month investigation, with Chhajra identified as a central figure in an international scam. His brother, Amjad Ali, and nephew, Faisal, were also implicated in the fraudulent activities that spanned multiple countries.
The case was registered on April 29 after the Chief Executive Officer (CEO) of Karachi-based Lloyd International filed a formal complaint. The fraud was carried out in collaboration with foreign entities, including a fabricated food chain and shell companies operating in several countries.
The network, led by Chhajra and his family members, deceived international businesses by using fake company names such as MS Allisar and MS Federality Forging.
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According to the FIA, the fraudulent scheme began in August 2023 and continued through October of the same year. Lloyd International had invested Rs290 million in an online food supply agreement with foreign businesses, only to discover later that the companies involved were fraudulent.
A fabricated company, Allisar, was registered under the name of a Gulf sheikh, while fake companies were set up in countries like Dubai, Saudi Arabia, and Oman to further the deception.
Amjad Ali, Faisal Raza, and Liaqat Ali were found to be the primary perpetrators, managing these fraudulent enterprises from overseas. Liaqat Ali continued transferring funds from Pakistan throughout the operation.
The investigation revealed that political figures might have been involved, raising suspicions of deeper corruption. Several suspects remain at large abroad, and the investigation is ongoing.
