Customs uncovers Rs3.2bn imports through two ‘fake’ companies

Customs uncovers Rs3.2bn imports through two ‘fake’ companies

KARACHI: The Collectorate of Customs Airport Karachi has uncovered imports worth Rs3.2 billion through two allegedly fake companies operating as ‘market IDs’, seeking JIT for a trade-based money laundering (TBML) investigation. According to the investigation report, the case began as a routine crackdown on internet routers imported without a PTA certificate but became a probe by the Collectorate of Customs Airport Karachi on instructions from th…

Karachi: Routers Worth Rs3.26 Billion Imported Through Fake Companies, Customs Report Reveals

مسلم سنز انٹرپرائز اور موسانی سنڈیکیٹ کے نام سے 71 ہزار 815 انٹرنیٹ راؤٹرز درآمد کیے گئے، کسٹمز تحقیقاتی رپورٹ

Customs Uncovers Suspected Money Laundering Through Router Imports

Customs authorities in Karachi have uncovered a trade-based money laundering scheme worth billions of rupees, carried out through fraudulent imports of internet routers under the names of two suspected paper companies. Investigators found that a combined 71,815 routers were imported under the two companies. The total value of the imported goods is estimated at approximately […]

Fake Firms Imported 71,815 Routers Worth Rs. 3.2 Billion in Money Laundering Scheme

The Collectorate of Customs Airport Karachi has uncovered imports worth Rs. 3.2 billion allegedly carried out through two fake companies…