Court Dismisses Bank’s Appeal in Online Fraud Case, Orders Refund to Citizen

Court dismisses bank’s appeal in online fraud case, orders refund to citizen

The Federal Constitutional Court has rejected an appeal filed by a private bank in an online banking fraud case involving a resident of Layyah and directed the bank to

Justice Aamer Farooq fake bank call scammers case

FCCP Judge Justice Aamer Farooq revealed that he had also received a fraudulent call from scammers posing as bank representatives.

'Hackers Inside Banking Systems' Says Court as Bank Told to Pay Rs. 15 Lac to Victim

The Federal Constitutional Court has dismissed a private bank’s appeal and ordered the return of money to a citizen who was defrauded. While hearing the case, Justice Aamer Farooq observed that hackers often operate within banking systems and it is the responsibility of banks to ensure their systems are secure and robust. The case involved a resident of Layyah whose bank account was hacked in 2022, resulting in the withdrawal of Rs. 1.534 millio…

Constitutional Court orders private bank to refund online fraud victim

The Federal Constitutional Court has dismissed an appeal filed by Muslim Commercial Bank (MCB) in an online banking fraud case involving a resident of Layyah and ordered the bank to return the defrauded amount to the customer. The case was heard by a two-member bench headed by Justice Aamer Farooq, who raised concerns over weaknesses in the banking system and increasing incidents of digital fraud. During the hearing, Justice Farooq remarked that…

Top court orders bank to repay victim in online fraud case

ISLAMABAD: The Federal Constitutional Court has dismissed an appeal filed by a private bank in an online fraud case and directed it to return the amount lost by a resident of Layyah, reinforcing the responsibility of financial institutions to safeguard customer data. The case was heard by a two-member bench headed by Justice Aamer Farooq, who raised serious concerns about the growing threat of cyber fraud and the vulnerability of banking systems…

Private bank ordered to refund victim in online fraud case

ISLAMABAD – The Federal Constitutional Court (FCC) has directed a private bank to return funds lost by a citizen in an online banking fraud case. A two-member bench, led by Justice Aamer Farooq, heard the case when he highlighted systemic vulnerabilities in banking, noting that “hackers often operate from within the banks’ systems; accounts are opened later, but the data reaches them first.” He also shared instances of fraudulent calls pressurin…