A court in Karachi has extended the physical remand of Chief Executive Officer (CEO) Digitonics lab Muhammad Burhan Mirza and other eight accused in the money laundering case till January 26th 2021.
According to the details, the accused were presented in the court after completion of seven days physical remand.
The Federal Investigation Agency (FIA) Cyber Crime Circle registered case against Muhammad Burhan Mirza and others, of IT Company ‘Digitonics Lab’, to investigate the alleged money laundering.
According to the FIR, the software house was involved in fraud, blackmailing, and extortion. The accused misused the credit cards of citizens and used to lure them by swindling 100 dollars investment. An international network of money laundering was operated under the guise of a software house.
During the case proceedings FIA submitted a report detailing about the fraud, extortion and money laundering.
FIA appealed the court to approve seven days remand, however, after hearing the arguments the court ordered to present the accused on January 26th.
The Deputy Director FIA Abdul Ghaffar earlier in his statement said that Chief Executive Officer (CEO) Digitonics Lab Muhammad Burhan Mirza is the mastermind of fraud that was being committed by the company.
He said that accused Burhan Mirza had set up websites to deceive foreigners using the name of Digitonics Lab as a cover.