Karachi: 2 of money exchange company held in Rs174m scam
KARACHI: According to The Nation, Federal Investigative Agency (FIA) arrested two people including Chief Executive Officer (CEO) Muhammad Qasim and Branch Head Sikandar Lalani of Time Money Exchange (a money exchange company) on Sunday for being allegedly involved in money scam. The investigators said that they transferred foreign money worth of Rs174 million through two fake accounts on the name of Yousuf. FIA officials also seized computer hard disks and receipts from the office. A case has been filed against them under the Foreign Exchange Regulation Act.