Prime suspect in 20kg gold fraud at Lahore jewellery market arrested
Crime
Police arrest prime suspect Sheikh Waseem from Islamabad in 20kg gold fraud involving multiple jewellers, with ten cases registered at Achhra Police Station.
ISLAMABAD (Web Desk) - Police have arrested Sheikh Waseem, the prime suspect in a 20-kilogram gold fraud at the Ichhra Latif Jewellers Market in Lahore.
According to police, the suspect was apprehended from Islamabad.
Sheikh Waseem had fled after taking gold from multiple jewellers, triggering complaints and investigations.
At least ten cases have been registered against the accused at Ichhra Police Station. Police said the arrest was made with the help of modern technology following sustained efforts to trace the suspect.
Meanwhile, a delegation of the Jewellers Market, led by Abid Mian, visited the Lahore Chamber of Commerce and Industry (LCCI) and met with LCCI President Faheem Ur Rehman Saigol. LCCI Senior Vice President Tanveer Ahmed Sheikh was also present.
Other members of the delegation included Usman Rasheed Bhatti, Ahmed Siddiq, Zafar Saeed, Usman Butt and Azam Khan.
During the meeting, the delegation expressed serious concerns over a major gold fraud case that recently occurred in Lahore’s jewellers market. They stated that nearly fifteen days have passed since the incident, but the affected traders have not been informed about any concrete progress or recovery.
The delegation informed the LCCI leadership that the accused escaped with around 20 kilograms of gold through a well-planned scheme, resulting in severe financial losses and mental stress for dozens of shopkeepers and their families. They added that most claims of the affected traders are fully documented, verified, and confirmed by the jewellers’ union, while FIRs registered at police stations are also based on factual evidence.
