The Federal Investigation Agency (FIA) Cyber Crime Wing has arrested a bank cashier for allegedly stealing Rs. 3.7 million from Habib Metropolitan Bank’s Pico Road branch and using the stolen money to purchase cryptocurrency.
According to FIA officials, the suspect, identified as Muhammad Umair, diverted the bank’s cash to buy Bitcoin, which has yet to be recovered.
The case was registered following a complaint from the bank manager, prompting FIA to launch an investigation. Authorities have since seized Umair’s digital account to trace the financial transactions.
Further investigations are underway as FIA attempts to recover the stolen funds and determine if others were involved in the scheme.