Legend Trust Fraud Scheme: Sindh Anti-Corruption Dept arrests prime suspect

KARACHI: The Sindh Government’s Anti-Corruption Department has carried out a major operation and arrested the prime suspect in the Legend Trust fraud scheme.

According to the spokesperson for Sindh Anti-Corruption, the Anti-Corruption Establishment team of District West Karachi, with the assistance of the Federal Special Agency, arrested a suspect named Nematullah in Case No. 11/2025. The arrested suspect is allegedly the central figure in the Legend Trust fraud scheme.

Director General of Sindh Anti-Corruption, Imtiaz Ali Abro, stated that the suspect is a private individual who posed as an authorized representative of Legend Trust to commit fraud and obtained the trust’s checkbook. Together with his accomplices, the suspect withdrew approximately Rs25 million through fake checks issued in his own name.

According to the DG Anti-Corruption, the total allegations of corruption in this case amount to nearly Rs58 million.

Sources revealed that a case had been registered against Nematullah, a resident of Orangi Town, and a woman named Jhanzaiba Shaukat, a resident of Chakwal. Funds were transferred through fake checks, while bank staff was also allegedly involved in the fraud. In total, financial irregularities of nearly Rs60 million have surfaced in Legend Trust.

The spokesperson added that Anti-Corruption has arrested the prime suspect Nematullah during the operation. He has been taken into custody and will be presented before the competent court for further legal proceedings, while interrogation of the arrested suspect continues.

Copyright Business Recorder, 2025