In Google Business Group it was said by a speaker that Pakistan lacked good financial policy and proper anti-money laundering laws that was the reason most of the international players such as Paypal hesitate to operate in Pakistan.
In news it was published that couple of Pakistanis have been spotted by Federal Investigation Agency (FIA) for using unlawfully fake credit cards in Pakistan and abroad and doing bulk shopping.
National Response Centre for Cyber Crimes (NR3C) of FIA arrested five people for using these credit cards making use of technological gadgets. It was revealed after their arrest that their 3 partners (Syed Anwer Sherazi, Engineer Rashid Khan, Sarfaraz Shah) who work in Italy are also involved in this criminal activity. Those who have been arrested are Muhammad Rafique, Yousaf Aslam, Muhammad Farhan, Khurram Shahzad and Maqsood Alam.
The members of gang were arrested in different years on different locations. They purchased stolen credit data from a website and wrote the data on the blank credit cards using the device they bought from Bankok.
A team of FIA agents will soon leave for Italy to arrest the members of the gang, in this regard. FIA has communicated to Interpol for the help.