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Karachi: Woman run away with Committee of 42 Crore

BY: HAMMAD ALI

KARACHI: A Karachi business woman has defrauded hundreds of citizens, especially women, of Rs 42 crore in connection with the monthly committee.

According to the details available with The Dayspring social media influencer from Karachi used to collect monthly money from hundreds of citizens to set up a committee with no written records and thus announced to end the scheme by defrauding all the people of Rs 42 crore.

Sidra Hameed, owner of home-based food business ‘Daily Bites’ and handicraft start-up ‘Cruze’, allegedly duped hundreds of her depositors by announcing on social media that she had no money to pay her nearly 200 committees. There is no source.

For the past several days, stories of the victims of the scheme were circulating on social media where many people called it a ‘Ponzi scheme’ while the victims contacted each other and formed a WhatsApp group to take action against the woman.

However, the victims did not contact the police and the Federal Investigation Agency (FIA) in an attempt to resolve the matter themselves. On the other hand, Sidra Hameed shared a post on social media and requested the victims that ‘don’t worry, your money will be returned in a few months.’

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