Shangla Police arrested 2 persons laundering money through Bitcoins
Shangla Police raided on a secretly operating digital company, and arrested two person over-involvement in money laundering through bitcoin.
Federal Investigation Agency and Shangla Police jointly raided on a secretly operating digital company, took custody of all the equipment’s and arrested two person over-involvement in money laundering through bitcoin.
Officer Malak Ihjaz issued a statement that the raid was done on a piece of secret information. After initial interrogation, police seized all machines and arrested two suspects.
The statement said that almost 84 different types of software were installed in the illegal bitcoin machines, which were used for the illicit transfer of money to foreign countries.
The DPO said the bitcoin software was a new way for the illegal money transfers as the government had eliminated all the other means of money transfer. The suspects are handed over to FIA for further interrogation.
The accused had chosen the remote area Shangla for doing the illegal business. As they thought that police won’t catch them, but the local police accomplish their bid to carry out unlawful activity.
SHOPS SEALED In Shangla
Assistant commissioner Puran Fazal Wahid, charged fine on several shopkeepers. Two to three outlets sealed for unfair profits during raids in Nimkaly Bazaar.
The raids are conducted on the orders of deputy commissioner Imran Hussain Ranjha.
He warned the shopkeepers and hoteliers against making an unfair price hike. He directed maintaining cleanliness at the restaurants.