Online Housing and Auto Finance Scams Loot Billions of Rupees From Citizens

Online Housing and Auto Finance Scams Loot Billions of Rupees From Citizens

Online Housing Auto Finance , South African coal has provided the majority of the coal needed by the cement industry. However, because of the rising costs of imported coal brought on by the conflict in Russia and Ukraine over the past few quarters. most cement producers increased their use of locally produced coal from Darra Adam Khel and Dukki and Afghan coal.Online Housing and Auto Finance Scams Loot Billions of Rupees From Citizens

which is relatively cheaper. This change was also evident in cement producers’ gross margins, which have been stable or rising over the past few quarters, the report said.

The victim claim that over 200 FIRS made against unidentifi people so far, but no enforcement action  taken.According to reports, the suspects lure customers by giving them low-cost hous and vehicle alternatives through shadow businesse on the nation’s online purchas  portal

After receiving a down payment from the population, they next employ delay strategies through intricate contract clauses. If the victims file a police report or complaint, the perpetrators frequently change the identities of the bogus businesses.

Furthermore, in 2021, a case against these corporations  transferre from the high court to the National Accountability Bureau (NAB).  but authorities have made little headway in this area.

Azhar Abbas Naqvi, one of the victims, claime. that 716 people had been taken advantage of by these group but that no arrests  made in order to retrieve the money that   stolen.

Also Read: Lower Coal Prices May Solve Low Cement Demand

The news organisation repeatedly tried to call the suspects but was unable to do so. One of the victims, Azhar Abbas Naqvi, asserted that 716 people exploited by these groups. But that no arrest made in an effort to recover the money that  stolen. The news organisation made numerous attempts to call the suspects but was unsuccessful every time.

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