Waqar Zaka Scandal: Case Details

In December 2022, a court in Karachi issued non-bailable arrest warrants against Waqar. He is accused of involving the public in a cryptocurrency scheme worth 860 million rupees, after which the investment was lost.

FIA Investigation

The Federal Investigation Agency (FIA) filed a final challan against Waqar Zaka, alleging that he involved the public in suspicious cryptocurrency trading. The challan also stated that Waqar Zaka used his bank accounts to carry out illegal financial transactions.

Court's Decision

The court declared Waqar Zaka a wanted criminal, as he failed to appear in court continuously. The court directed the FIA to continue investigations against Waqar Zaka and arrest him.

Waqar Zaka's Position

Waqar Zaka rejected the allegations, stating, "This is all a lie! I only educate people about cryptocurrency; I have not deceived anyone."

Public Reaction

Opinions on social media are divided, with supporters and opponents of Waqar expressing different views. Some consider him a hardworking young man, while others label him as someone who deceives the public.