Several Pakistani cricketers have recently fallen victim to a significant financial scam, resulting in losses amounting to millions of rupees. The fraud involved a businessman who reportedly fled the country after embezzling large sums of money from the players.
Details of the Scam
According to sources, eight current members of Pakistan’s national cricket team were defrauded of approximately Rs880 million. Additionally, a former cricketer lost nearly Rs900 million in the scheme. The businessman behind the fraud had personal connections with several players and attracted them to invest by showcasing the involvement of a former team captain.
Initially, the fraudster paid substantial amounts as purported profits, encouraging more investments. However, he later disappeared without warning, taking the invested money with him. Attempts to contact him have been unsuccessful, with his phone reportedly switched off. Some players received partial refunds, but payments have completely stopped over the last two months.
Current Status and Response
The scammer is believed to be residing in the United States. Despite the significant financial impact, the affected cricketers have not yet filed formal complaints or approached the Pakistan Cricket Board (PCB) for assistance. PCB Chairman Mohsin Naqvi has assured full cooperation with the players involved.
