FBR uncovers Rs9.41bn wealth statement fraud, registers money laundering case

FBR uncovers Rs9.41bn wealth statement fraud, registers money laundering case

The Federal Board of Revenue (FBR) has uncovered a fraud involving the illegal revision of wealth statements to incorporate unexplained assets worth Rs9.41 billion, registering a criminal case under the Anti-Money Laundering Act, 2010. The fraud was detected by the Directorate General of Intelligence and Investigation (Inland Revenue) through analysis of the FBR database with support from Pakistan Revenue Automation Limited (PRAL), according to …

FBR uncovers Rs9.41b wealth statement fraud

LAHORE MIRROR — The Federal Board of Revenue (FBR) has busted a fraud in which taxpayers illegally revised their old wealth statements to bring unexplained assets worth Rs. 9.41 billion into their declared wealth. A criminal case under the Anti-Money Laundering Act, 2010 has been registered, and further cases are being processed. The fraud was [...]

FBR Data Analytics Busts PKR 9.41 Billion Tax Fraud in Pakistan

The Federal Board of Revenue (FBR) recently busted a massive tax fraud. Taxpayers illegally revised their old wealth statements. Consequently, they brought unexplained assets worth PKR 9.41 billion into their declared wealth. Authorities registered a criminal case under the Anti-Money Laundering Act, 2010. Furthermore, officials are actively processing additional cases. How FBR Data Analytics Uncovered […]