The Real Reason Behind Young Real Estate Agent Waqas’s Suicide Surfaces
Shared by: Rana Hakim – Shahar Sultan
In our society, people often rush to conclusions without verifying facts, as seen in Waqas’s suicide case, where social media quickly spread multiple unverified narratives.
This mindset, combined with the toxic race for likes and followers, has led people to fabricate stories just to get 10,000 likes or a million views—even if it means dragging private family matters into the public spotlight.
Social media—and even electronic media—have sensationalized this tragedy in a disgraceful way. It’s as if they’ve interviewed the angels of death themselves to claim why Waqas died.
What Happened with Waqas?
I live in Model Town, Multan, where there’s a well-known real estate market—just a five-minute walk from my home. Waqas’s office was located there. On the day of the incident, no one knew the real reason behind his death. Out of respect for the sensitivity of death, no one spoke prematurely. After all, it’s frightening to speak on such matters when you’re unsure—you don’t want to wrongly accuse someone who’s no longer here to defend himself.
Today, I met with a fellow real estate dealer, and when I asked about Waqas, what came to light was eerily similar to the suicide case of Wasim in Sahiwal, seven years ago.
Upon digging deeper, I discovered that Waqas owed around 80 to 90 million PKR (approx. $280,000–$310,000). He had invested people’s money in property and vehicles. His maternal uncle was one of the main investors, and Waqas had used his money separately as well.
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Here’s one example:
Waqas bought a KIA Sportage from someone for 2 million PKR, but had taken 5 million from his uncle for the purchase, pocketing the difference. He didn’t return the remaining 3 million and also kept the uncle’s entire 5 million. That’s an 8 million rupee shortfall right there.
In the real estate business, he had taken money under the pretense of “token” payments on properties that didn’t even exist—classic fraud. Now, the time to pay back all those amounts has come. His uncle was demanding 50 million, and other investors were also pressing for their dues.
It reached a point where Waqas was moving around with his home documents, asking a friend:
“Take these documents as collateral, give me 10 million now. I’ll return 12 million in a month.”
When the pressure became unbearable, he took his own life.
Was Domestic Dispute the Cause?
Waqas was married, once divorced, and currently in a troubled second marriage. His current wife is eight months pregnant. But let it be clear: the reason for his suicide was not a domestic dispute. It was the immense financial stress of debt that he could no longer handle.
Stop Blaming His Wife
For God’s sake, do not associate this tragedy with Waqas’s wife. She’s already in shock. If people keep taunting her or holding her responsible, she might fall into depression—or worse, follow the same path as Waqas.
People saw him on TikTok in flashy cars and assumed he was doing well. But those vehicles were bought on borrowed or manipulated money, as explained earlier. People didn’t know the truth, and upon hearing of his suicide, they started cursing his wife.
Please, show compassion.
A Final Word
It’s not in my nature to speak about anything until I’m certain of the facts. But if anyone has doubts, they can ask his uncle, who himself was exhausted from people demanding the money Waqas owed them. He used to say,
“He owed me 50 million myself!”
A Word of Advice?
Stay away from debt, lies, and fraud—no matter how tempting or rewarding they may seem in the short run.
They can destroy more than just finances—they can destroy lives.
