Tag Archives: Federal Investigation Agency

Bitcoin To Be Illegal in Pakistan

Bitcoin To Be Illegal in Pakistan


Sumera Saeed | February 7, 2018 | category: Banking

Bitcoin To Be Illegal in Pakistan. Soon the use of Bitcoin will be illegal in Pakistan. The Federal Investigation Agency (FIA) has suggested the government of Pakistan to announce the digital currency Bitcoin as illegal. FIA has alos suggested that in order to stop the emerging crime in the country the government has to include the definition and distinct punishment in the prevention of electronic crimes act (PECA).

As per the FIA official notification the Bitcoin is not accepted and recognized legal by the State Bank of Pakistan (SBP) and damaging the government exchequer. FIA said that Bitcoin should be declared illegal with the inclusion of definition and distinct punishment of this emerging crime.

SECP Warns People Not To Invest in Bitcoin & Other Crypto Currencies and Starts Crack Down Against Illegal Traders in Pakistan

As State Bank of Pakistan (SBP) has termed the digital currencies illegal. There is no law that shows to deal with Bitcoin or any other digital currencies in Pakistan.

The prevention of electronic crimes act (PECA) was made in 2016 and FIA has suggested more amendments to improve it.

FIA said that crimes under PECA-2016 — other than cyber terrorism [Section.10], offence against modesty of natural person [Section.21] and child pornography [Section.22] — are non-cognizable, bail-able and compoundable.

These following are non-cognizable offences according to PECA-2016, i.e. the Law Enforcement Agencies are allowed to take action against the offensive to initiate the investigation or arrest without the permission of the Magistrate.

Illegal Access /alteration / deletion / intrusion to Critical Infrastructure Information Systems/ Data Section 6, 7, 8]

  •     Electronic Forgery [Section.13]
  •     Electronic Fraud [Section.14]
  •     Unauthorized Issuance of SIM [Section.17]
  •     Tampering of electronic equipment’s [Section. 18]
  •     Cyber Stalking [Section.24]
  •     Spoofing [Section.26]

FIA said that due to the non-cognizable nature of these offences, related to the cyber security of the country is hindering the helpful investigation and successful prosecution against the offenders. Furthermore these crimes are bail-able which harmfully affects the arrest of offender as bail is granted on first physical remand.

These offences are compoundable, which means that at any stage an aggrieved person can enter into conciliation with the accused.

FIA want the timely investigation of these time-critical crimes demands an immediate response by the law enforcement agency to limit and contain the damage caused by offenders. As the timely investigation and apprehension would improve the evidence collection for successful trial.

Via

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FIA’s Awareness Campaign About ATM Proves Fruitful

FIA’s Awareness Campaign About ATM Proves Fruitful


Sumera Saeed | December 12, 2017 | category: Banking

FIA’s Awareness Campaign About ATM Proves Fruitful. The awareness campaign of Federal Investigation Agency (FIA) has proved fruitful and positive outcomes have come after ATM hackers’ case as a resident of Ranala Khurd has removed his scammer attached with local ATM.
Sources of agency told Online that four more accused have been arrested on the information of already arrested accused Saqib-u-llah and included them in investigation and further investigation is going on for the arrest of remaining members of whole gang adding that FIA have so far kept the identification of accused under secret to arrest the remaining accused.
“During the investigation, the four accused have disclosed that they used to collect the data of credit cards and debit cards from various shopping malls, cafeterias, restaurants and cash and carry stores and sent it to other members of the gang”, sources added and maintained that afterwards, new debits cards and credit cards are made with the help of this data and amount was withdrawn from different accounts.
These accused during investigation have also confessed to install scammer with various ATM adding that some members of this gang were running Online business in China. The ATM cards made of this stolen data are used in China and make transaction through these ATM cards prepared of such data and sends share to their partners in Pakistan.

How To Keep Your ATM Credentials Safe?


Talking about update information regarding investigation, sources said that it is a big network gang which has its network in China, India, America, Canada and Italy.
Sources said that five accused have been arrested so far and further investigation is going on adding that further arrests are expected.
It is worth mentioning here that FIA have also arrested a big gang allegedly involved in such crimes on the complaints of private bank and arrested at least 11 accused.

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Existence of Fraudulent Online Stores Leads FIA to Take Action


Sumera Saeed | May 6, 2016 | category: News

Existence of Fraudulent Online Stores Leads FIA to Take Action

The Federal Investigation Agency has started a crackdown against fraudulent online shopping website in Pakistan. FIA took this decision by keeping in view the customers’ complaint. Finally, FIA took notice and started a crackdown against these online stores across Pakistan. This move of Federal Investigation Agency has made the public to develop its trust on the law enforcement agencies.

Now anyone who faces fraud by such online stores across Pakistan can file complaints against them by contacting the authorities.

All patrons are directed to contact on below mentioned details of the FIA Cyber Crime Circle Karachi

Email : comp.khi@nr3c.gov.pk

Phone number. 021-99249650-2

Address: FIA, Cyber Crime Circle, Karachi situated at FIA Building, 1st Floor,Near Dar-ul-Sehat Hospital, Johar Chorangi Karachi.