Forex dealer arrested for dealing in fake dollars

By: News Desk      Published: 02:55 PM, 23 Nov, 2021
Forex dealer arrested for dealing in fake dollars
TV grab.

An Iraq-returned man received $30,000 from a forex dealer in Karachi in return for exchanging Rs5 million, but the dollars were fake and the forex dealer to defraud the overseas Pakistani of his hard-earned money, reported 24NewsHD TV channel.

Steel Town Police Station on Tuesday arrested two accused dealers who gave fake US dollars amounting to $15,000 to the man. However another two accused including a female culprit managed to flee in a car with the Rs5 million cash.

The victim told the police that he had a deal to receive $30,000 in exchange of five million Pakistani rupees, but he received a packet of $15,000 fake US currency.

The police arrested the two accused and launched further investigation into the matter. The police said that their teams were looking for the other two accused.

Reporter Saud Bin Murtaza