A court has sentenced three individuals, including a foreign national, to seven years in prison each for their involvement in an online investment scam that defrauded a citizen of more than Rs19 million, the National Cyber Crime Investigation Agency (NCCIA) announced on Thursday.
In a statement shared on X, the agency said its Islamabad Circle had secured the convictions following an investigation and subsequent court proceedings.
The court also imposed combined fines of Rs250,000 on the three convicted individuals.
According to the NCCIA, the fraudsters deceived the victim into investing money through a fake mobile application that impersonated a foreign private bank.
The fraudulent scheme resulted in financial losses of Rs19.391 million, the agency said.
The investigation was conducted by Sub-Inspector Shehroz Riaz, whose findings contributed to the successful prosecution of the accused.
The NCCIA reaffirmed its commitment to combating online financial fraud, pursuing cybercrime offenders and protecting citizens from fraudulent digital investment schemes.
The convictions come as the agency continues investigating a separate international cybercrime case involving the alleged sale of counterfeit US postage labels.
Earlier, NCCIA officials announced the arrest of Pakistani software developer Faheem Akram in Lahore over his alleged involvement in a scheme that reportedly caused losses exceeding $126 million to the United States Postal Service (USPS).
According to investigators, Akram allegedly operated the website LabelsBank.com between August 2023 and September 2026, selling more than five million counterfeit US postage labels online.
NCCIA Lahore Zone Additional Director Atif Ameer said the suspect had been wanted by US authorities in connection with the alleged operation.
Unlike the Islamabad investment fraud case, which has resulted in convictions, the allegations against Akram remain under investigation.
The two cases highlight the range of online financial crimes being pursued by Pakistan’s cybercrime authorities, from fraudulent investment platforms to alleged international digital fraud operations.