{"id":6020,"date":"2024-12-31T10:06:56","date_gmt":"2024-12-31T10:06:56","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=6020"},"modified":"2024-12-31T10:07:01","modified_gmt":"2024-12-31T10:07:01","slug":"six-pakistani-banks-ordered-to-compensate-fraud-victims","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/","title":{"rendered":"Six Pakistani Banks Ordered to Compensate Fraud Victims"},"content":{"rendered":"\n<p><strong>Web Desk<\/strong> &#8212; Six commercial banks in Pakistan have been directed to compensate fraud victims with a total amount exceeding Rs24 million, following a ruling by President Asif Zardari. The decision, announced in a statement from the Presidency, requires these banks to pay restitution to 31 individuals who were defrauded in various banking scams.<\/p>\n\n\n\n<p>The banks ordered to make the payments include United Bank Ltd (UBL), Muslim Commercial Bank (MCB), Allied Bank Ltd (ABL), Bank of Punjab (BOP), Askari Bank Ltd, and Habib Bank Ltd (HBL). These banks are being required to compensate customers who lost their money through fraudulent schemes carried out by criminals posing as bank representatives.<\/p>\n\n\n\n<p>UBL has been instructed to pay Rs11,570,191 to victims after 12 of its appeals were rejected. MCB is to refund Rs5,291,500 following the dismissal of 10 of its appeals. ABL is ordered to return Rs4,049,742 after five of its appeals were turned down.<\/p>\n\n\n\n<p>Bank of Punjab (BOP) has been directed to refund Rs2,315,000 in three separate cases, while Askari Bank Ltd and HBL must pay Rs490,000 and Rs420,000, respectively, in individual cases.<\/p>\n\n\n\n<p>The victims were tricked by fraudsters who impersonated bank officials, obtaining sensitive banking information through misleading phone calls. This information was then used to illegally withdraw funds from the victims\u2019 accounts.<\/p>\n\n\n\n<p>The affected customers, when, sought assistance from their banks, their requests for compensation were initially denied, leading them to file complaints with the Banking Mohtasib, whose rulings were later upheld by the President.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Web Desk &#8212; Six commercial banks in Pakistan have been directed to compensate fraud victims with a total amount exceeding Rs24 million, following a ruling by President Asif Zardari. The decision, announced in a statement from the Presidency, requires these banks to pay restitution to 31 individuals who were defrauded in various banking scams. The &hellip;<\/p>\n","protected":false},"author":3,"featured_media":6022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6020","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Six Pakistani Banks Ordered to Compensate Fraud Victims<\/title>\n<meta name=\"description\" content=\"President of Pakistan Asif Ali Zardari in a ruling has ordered 6 Pakistani banks to compensate fraud victims.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Six Pakistani Banks Ordered to Compensate Fraud Victims\" \/>\n<meta property=\"og:description\" content=\"President of Pakistan Asif Ali Zardari in a ruling has ordered 6 Pakistani banks to compensate fraud victims.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsMakers-Daily Latest Urdu Breaking News Updates\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/zaheerahmad11\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-31T10:06:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-31T10:07:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"398\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zaheer Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZaheerAhmad17\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zaheer Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\"},\"author\":{\"name\":\"Zaheer Ahmad\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/e8e03aad4dbf31da89497394f3f2754a\"},\"headline\":\"Six Pakistani Banks Ordered to Compensate Fraud Victims\",\"datePublished\":\"2024-12-31T10:06:56+00:00\",\"dateModified\":\"2024-12-31T10:07:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\"},\"wordCount\":250,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg\",\"articleSection\":[\"Pakistan\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\",\"name\":\"Six Pakistani Banks Ordered to Compensate Fraud Victims\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg\",\"datePublished\":\"2024-12-31T10:06:56+00:00\",\"dateModified\":\"2024-12-31T10:07:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/e8e03aad4dbf31da89497394f3f2754a\"},\"description\":\"President of Pakistan Asif Ali Zardari in a ruling has ordered 6 Pakistani banks to compensate fraud victims.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg\",\"contentUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg\",\"width\":640,\"height\":398,\"caption\":\"Bank fraud compensation\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.newsmakers.com.pk\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Six Pakistani Banks Ordered to Compensate Fraud Victims\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/\",\"name\":\"NewsMakers-Daily Latest Urdu Breaking News Updates\",\"description\":\"We Make Better News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.newsmakers.com.pk\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/e8e03aad4dbf31da89497394f3f2754a\",\"name\":\"Zaheer Ahmad\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/97c1829cc099a7930fc4bd25658e3aabefd7e0b4893f2b2f062db1b6a24aeb01?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/97c1829cc099a7930fc4bd25658e3aabefd7e0b4893f2b2f062db1b6a24aeb01?s=96&d=mm&r=g\",\"caption\":\"Zaheer Ahmad\"},\"description\":\"Muhammad Zaheer Ahmad is a senior journalist having more than 20 years of experience. He has served both print and electronic media at senior positions. Currently, Zaheer is associated with a leading news channel of Pakistan as Sr. Producer News. He is also the Managing Editor of Newsmakers.Com.Pk. Zaheer can be reached at zaheer.ahmad.lhr@gmail.com\",\"sameAs\":[\"https:\/\/www.newsmakers.com.pk\/en\/\",\"https:\/\/www.facebook.com\/zaheerahmad11\/\",\"https:\/\/x.com\/ZaheerAhmad17\"],\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/author\/zaheer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Six Pakistani Banks Ordered to Compensate Fraud Victims","description":"President of Pakistan Asif Ali Zardari in a ruling has ordered 6 Pakistani banks to compensate fraud victims.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/","og_locale":"en_US","og_type":"article","og_title":"Six Pakistani Banks Ordered to Compensate Fraud Victims","og_description":"President of Pakistan Asif Ali Zardari in a ruling has ordered 6 Pakistani banks to compensate fraud victims.","og_url":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/","og_site_name":"NewsMakers-Daily Latest Urdu Breaking News Updates","article_author":"https:\/\/www.facebook.com\/zaheerahmad11\/","article_published_time":"2024-12-31T10:06:56+00:00","article_modified_time":"2024-12-31T10:07:01+00:00","og_image":[{"width":640,"height":398,"url":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg","type":"image\/jpeg"}],"author":"Zaheer Ahmad","twitter_card":"summary_large_image","twitter_creator":"@ZaheerAhmad17","twitter_misc":{"Written by":"Zaheer Ahmad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#article","isPartOf":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/"},"author":{"name":"Zaheer Ahmad","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/e8e03aad4dbf31da89497394f3f2754a"},"headline":"Six Pakistani Banks Ordered to Compensate Fraud Victims","datePublished":"2024-12-31T10:06:56+00:00","dateModified":"2024-12-31T10:07:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/"},"wordCount":250,"commentCount":0,"image":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg","articleSection":["Pakistan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/","url":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/","name":"Six Pakistani Banks Ordered to Compensate Fraud Victims","isPartOf":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage"},"image":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg","datePublished":"2024-12-31T10:06:56+00:00","dateModified":"2024-12-31T10:07:01+00:00","author":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/e8e03aad4dbf31da89497394f3f2754a"},"description":"President of Pakistan Asif Ali Zardari in a ruling has ordered 6 Pakistani banks to compensate fraud victims.","breadcrumb":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#primaryimage","url":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg","contentUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2024\/12\/online-fraud.jpg","width":640,"height":398,"caption":"Bank fraud compensation"},{"@type":"BreadcrumbList","@id":"https:\/\/www.newsmakers.com.pk\/en\/pakistan\/six-pakistani-banks-ordered-to-compensate-fraud-victims\/6020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.newsmakers.com.pk\/en\/"},{"@type":"ListItem","position":2,"name":"Six Pakistani Banks Ordered to Compensate Fraud Victims"}]},{"@type":"WebSite","@id":"https:\/\/www.newsmakers.com.pk\/en\/#website","url":"https:\/\/www.newsmakers.com.pk\/en\/","name":"NewsMakers-Daily Latest Urdu Breaking News Updates","description":"We Make Better News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.newsmakers.com.pk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/e8e03aad4dbf31da89497394f3f2754a","name":"Zaheer Ahmad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/97c1829cc099a7930fc4bd25658e3aabefd7e0b4893f2b2f062db1b6a24aeb01?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/97c1829cc099a7930fc4bd25658e3aabefd7e0b4893f2b2f062db1b6a24aeb01?s=96&d=mm&r=g","caption":"Zaheer Ahmad"},"description":"Muhammad Zaheer Ahmad is a senior journalist having more than 20 years of experience. He has served both print and electronic media at senior positions. Currently, Zaheer is associated with a leading news channel of Pakistan as Sr. Producer News. He is also the Managing Editor of Newsmakers.Com.Pk. Zaheer can be reached at zaheer.ahmad.lhr@gmail.com","sameAs":["https:\/\/www.newsmakers.com.pk\/en\/","https:\/\/www.facebook.com\/zaheerahmad11\/","https:\/\/x.com\/ZaheerAhmad17"],"url":"https:\/\/www.newsmakers.com.pk\/en\/author\/zaheer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/6020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/comments?post=6020"}],"version-history":[{"count":2,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/6020\/revisions"}],"predecessor-version":[{"id":6023,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/6020\/revisions\/6023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/media\/6022"}],"wp:attachment":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/media?parent=6020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/categories?post=6020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/tags?post=6020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}