Islamabad – May 4, 2025: The Federal Investigation Agency (FIA) has apprehended Liaqat Ali Chhajra in Multan, a key player in a complex fraud operation worth over Rs280 million.
The arrest follows a six-month investigation by the FIA’s National Cybercrime Wing, which uncovered an international fraud network involving several individuals, including Chhajra’s family members.
The investigation was prompted by a complaint from the CEO of Karachi-based Lloyd International, which alleged financial deception under an online food supply agreement with foreign companies.
According to the FIA, Chhajra, along with his brother Amjad Ali and nephew Faisal, played a central role in the fraudulent activities that spanned both Pakistan and the United States.
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The scam involved the creation of fake companies, including one registered under the name of a Gulf national, MS Allisar, which was falsely linked to an international food chain.
The fraudsters also used the names of companies such as MS Federality Forging to carry out their deceptive operations.
The network registered several shell companies across Dubai, Oman, Saudi Arabia, and other countries to further their scheme.
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Lloyd International had invested Rs290 million in the agreement, but the funds were diverted through fabricated companies set up abroad.
Chhajra, along with his family, is accused of managing these fake companies and orchestrating the illegal transfer of funds between Pakistan and overseas territories.
The fraudulent activities, which took place between August and October 2023, were allegedly supported by some political figures, though these claims are still under investigation.
Six other individuals remain at large, reportedly based abroad. The FIA has filed a case and is continuing its efforts to dismantle the international fraud syndicate.
