Owners of the online e-commerce store Telemart and MyMobile have been arrested for money laundering by the Federal Investigation Agency (FIA). The owners of Telemart, Abdul Rauf Essa and his two sons Ahmed Abdul Rauf Essa and Hamza Abdul Essa have been arrested due to involvement in money laundering and smuggling of mobile phones and other electronic devices.
According to the details, the owner of Telemart and MyMobile, Abdul Rauf Essa and his two sons Ahmed Abdul Rauf Essa and Hamza Abdul Essa smuggled mobile phones and other electronic devices into Pakistan and sent payments out of the country through illegal means of money laundering (Hawala Hundi).
Telemart was selling these smuggled mobile phones to their customers through online e-commerce website and they were using paid employee’s benami or forged accounts to make payments for these illegal mobile phones.
The First Information Report (FIR) details how the Telemart owners were involved in money laundering with the help of bank officials. The fraud has reportedly caused loss of millions of rupees to the Government Exchequer.
The Federal Investigation Agency (FIA) has arrested owners of Telemart over money laundering. The benami bank accounts used in the fraud and transaction details have been shown in the FIR report attached at the end of the post.
Bank officials had been part of the scam and processed the opening of these benami bank accounts.