KARACHI: The Federal Investigation Agency (FIA) in Karachi continues its determined crackdown on illegal money changers involved in hundi and hawala activities.
In recent developments, three individuals engaged in this illegal money-changing business have been apprehended by the FIA’s Corporate Crime Circle during an operation in a private shopping mall.
The arrested individuals have been identified as Abdullah, Siddique, and Mubeen. Along with their detention, law enforcement authorities have seized $3,200 in cash and four mobile phones, underlining the seriousness of their illicit activities.
This is not the first instance of resistance encountered during these high-stakes operations. In a prior incident, three FIA officials faced staunch opposition and sustained injuries while conducting a crucial operation against dollar hoarders and entities engaged in illegal money exchange.
These operations are part of a concerted effort by the Federal Investigation Agency, along with several other agencies, to curb illegal dollar hoarding and clamp down on unauthorized money exchange operations.
The arrests and ongoing investigations reflect the government’s commitment to combat financial crimes and preserve the integrity of the financial system.
