NAB KP arrests alleged fraudster from Charsadda


PESHAWAR: The National Accountability Bureau (NAB) Khyber Pakhtunkhwa arrested accused Sher Jan S/O Rabnawaz Khan, resident of Charsadda for allegedly cheating public at large under the garb of investment in Islamic Mudarraba/ interest free profit, said a press release issued here Tuesday.
NAB Khyber Pakhtunkhwa initiated inquiry against the accused person upon receipt of several complaints. It transpired during the investigation, that the accused in connivance with others persuaded and motivated the public to invests in their Mudarraba business showing them multiple businesses of wheat, vehicles and timber.
He promised exorbitant profit to the public on their investments, but in fact there was no such business. Thus the accused person defrauded the general public and deprived them of their hard earnings.
The accused person will be produced before the Accountability Court for obtaining their physical custody.


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