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Ichhra gold scam suspect arrested from Islamabad

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  Ichhra gold scam suspect arrested from Islamabad "> "> "> LAHORE: In a major breakthrough in the Rs1bn gold fraud case of Ichhra Bazaar, the police have reportedly arrested the suspect, a jeweller, from Islamabad and shifted him to an undisclosed location. A police team was staying in Islamabad for the last 10 days or so when they got a tip-off that the suspect, Waseem Akthar, was hiding somewhere in the federal capital. He was nominated in multiple FIRs lodged by his fellow jewellers besides his own stepmother. The major fraud case surfaced in the second week of December 2025 when several jewellers of Madina Jewellers Market Ichhra after they came to know that Waseem had disappeared suddenly with 20kg of gold worth over Rs1 billion they had “invested” with him for decades. The lockers of the suspect’s shop where they had deposited the gold ornaments were found unlocked at the time when the affected jewellers visited the premises. An official, privy to the dev...