LAHORE: A massive gold fraud in Lahore’s Achhra area has taken a shocking turn, with the accused, Sheikh Waseem, reportedly cheating even his own stepmother and fleeing with millions of rupees worth of gold.
According to police, Sheikh Waseem allegedly defrauded shopkeepers of over one billion rupees and also took more than 150 tolas of gold from his stepmother. The value of the stolen gold is estimated at around 7.5 crore rupees.
As investigations continue, authorities are uncovering more details about the scam, but it is still unclear whether the suspect has fled the country or remains within Pakistan. Police sources say that even before the fraud came to light, Waseem’s wife and children had reportedly left for abroad. His travel history shows that he frequently visited different countries, raising suspicions about his current whereabouts.
Meanwhile, affected shopkeepers have expressed frustration over the slow progress in the case. “We submitted formal complaints, but police are only taking rounds of the market and collecting CCTV footage,” said one shopkeeper.
So far, forty shopkeepers have filed complaints against Sheikh Waseem. Police officials confirm that the facts in four of these complaints have been verified, while investigations into the others are still underway. Two formal cases have already been registered against the accused.
The case has drawn widespread attention, not just because of the huge financial loss, but also because of the personal betrayal involved. Stepmothers, families, and business owners alike are shaken by the audacity of the scam.
Authorities have stated that they are pursuing all leads and investigating all angles, including possible connections to international fraud networks. Police and investigative agencies are determined to bring Sheikh Waseem to justice and recover the stolen gold.
The incident serves as a warning about the scale of modern frauds and the need for vigilance, even within families. Residents and business owners are hoping for swift action, justice, and the recovery of their hard-earned assets.
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