PESHAWAR - National Accountability Bureau (NAB) on Monday arrested one Arif Shahzad for allegedly cheating public at large and looting millions of rupees from them fraudulently.
As per details, the accused had collected money from general public for investing in his business of pickles and tea. He used profit to the investors for few months and then stopped payment of the profit beside refusing to refund the principal amounts.
The accused will be produced before the Accountability Court Peshawar for obtaining his physical remand.
NAB Khyber Pakhtunkhwa has so far received claims amounting to Rs6.2 million against the accused.