Event Brief
Cashier and jeweller arrested over fake gold scheme
Filed: Aug 04, 2026 at 9:06 AM ET
Summary: FIA arrested a PPCBL cashier and a jeweller for replacing pledged gold with fake and underweight jewellery.
WHO: Federal Investigation Agency (FIA); Abdul Razzaq and Tahir Mahmood
WHAT: Arrested suspects for allegedly replacing pledged gold jewellery with fake and underweight jewellery under the Gold Finance Scheme
WHEN: Aug 04, 2026 at 8:20 AM ET
WHERE: Faisalabad, Pakistan
WHY: The arrests followed an FIA operation into alleged replacement of pledged gold with fake and underweight jewellery under the bank’s Gold Finance Scheme.
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