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  • #286 Collapse

    In August 2009, a second foreign exchange company in Pakistan Zarco Exchange was accused of similar allegations and also had its license revoked and forced to shut down.
       
    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #287 Collapse

      The Special Civil Court of Lahore, ordered that more
      In Dec 2010, the Special Court (offences in banking) Lahore said that due to lack of evidence it saw no reason that Zarco Exchange
         
      • #288 Collapse

        should not request a revival of its license from the State Bank of Pakistan and in Feb 2011 its CEO was released by the Pakistan Federal Investigation Agency (FIA) after it said it decided to no longer pur
           
        • #289 Collapse

          sue the case.[6] In April 2011 Zarco Exchange's license was restored and the business started operating again.
          mation.[8]
             
          • #290 Collapse

            On March 5, 2011, the directors of Khanani and Kailia International and four bankers were acquitted of all charges due to lack of evidence.[2] However the FIA complained about the
               
            • #291 Collapse

              acquittal and said it had provided enough evidence. In response the Supreme Court of Pakistan had an independent judge investigate the acquittal.[7] Following t
                 
              • #292 Collapse

                ap anni knowledge k sath soch samjh trad lgao to ap ko waqy boohat faida ho ga aur profat b ap trad karo gy to tb bad mein mein earning ho ge aghr ap thek se trad nae karty to ap ko loss hi ho ga
                • #293 Collapse

                  3 Time Line
                  Hawala business[edit]
                  The government’s action against Hawala trade, which involves international network of currency dealers for making unrecorded p
                     
                  • #294 Collapse

                    ayments in each other’s countries, was one step in the series of the forex scam case.[9][10] These steps were taken at a time when the rupee depreciated by 30 percent against the
                       
                    • #295 Collapse

                      dollar since the beginning of 2008.

                      References[edit]
                      ^ Jump up to: a b http://www.geo.tv/11-9-2008/28465.htm
                      ^ Jump up to: a b "Hawala case: Khanani and Kalia ac
                         
                      • #296 Collapse

                        2 Exit Control Listquitted". The Express Tribune. March 5, 2011.
                        Jump up ^ http://www.thenews.com.pk/updates.asp?id=59605
                        Jump up ^ http://www.thenews.com.pk/daily_detail.asp?id=14
                           
                        • #297 Collapse

                          5962
                          Jump up ^ http://geo.tv/12-6-2008/30215.htm Jang Group of News
                          Jump up ^ "Man accused of illegal Rs67b transfer freed". The Express Tribune. February 8, 2011.
                             
                          • #298 Collapse

                            Jump up ^ "Khanani and Kalia: Acquittal being investigated by SHC". khabrain. March 14, 2011.
                            mber 30, 2001.
                            Categories: Foreign exchange marketFinance fraudEconomy o
                               
                            • #299 Collapse

                              no trading ka meaning earning ni hota kbe b. Haan 3 trhn ke trades hote hain aik voh jo faida deti hain. Means profitable trades. Aik voh jin say nqsan hota hai means loss trades aur aik neutral jin say na faida hoga na nqsan
                              • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                              • #300 Collapse

                                Jump up ^ "FIA set to lose another Khanani & Kalia case". Dawn.com from the newspaper. April 17, 2011.
                                Jump up ^ http://www.nation.com.pk/pakistan-ne...smashed-Rehman
                                Jump up ^ "'Hundi' system may foil investigators". USA Today. Septe
                                   

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