Sidra Humaid, a Karachi-based social media influencer cum businesswoman, has moved the court for protection after allegedly swindling Rs420 million in the name of saving committees.
The incident made headlines as victims started posting about the fraud on social media. Following the online outrage, several victims of the port city joined a WhatsApp group to take legal action against Sidra Humaid.
As a large number of victims started approaching her to get back their hard-earned money, Sidra moved the court for security as she claimed she was receiving threats.
The complainant said she was receiving death threats and mentioned that unidentified attackers stormed her residence earlier this week.
After conning hundreds of her depositors, the influencer shared a post, saying she has no resources to pay back the money, leaving people in shock. “I have really messed up my committees, and now I am practically bankrupt and have no means to pay off my committees,” she wrote in a post.
Sidra earlier dodged depositors and asked them to wait. However, the coverage in mainstream and digital media landed the influencer in trouble.
The scam comes at a time when many of the daily wagers and salary-based people started saving money to survive amid unprecedented inflation. People are also worried to get back their money as such committees also known as BCs work without any written record or official paperwork.
Pakistani rupee remained stable against US dollar in the open bank market on Friday.
On Friday, the US dollar was being quoted at 285.3 for buying and 288.15 for selling.
Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.
UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.3 | 288.15 |
Euro | EUR | 311 | 314 |
UK Pound Sterling | GBP | 358.5 | 361.5 |
U.A.E Dirham | AED | 78 | 78.7 |
Saudi Riyal | SAR | 76.2 | 77 |
Australian Dollar | AUD | 187.2 | 189 |
Bahrain Dinar | BHD | 759.67 | 767.67 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.59 | 39.98 |
Danish Krone | DKK | 41.38 | 41.78 |
Hong Kong Dollar | HKD | 36.63 | 36.98 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 926.7 | 935.7 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 741.26 | 749.26 |
Qatari Riyal | QAR | 77.63 | 78.33 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 26.93 | 27.23 |
Swiss Franc | CHF | 325.9 | 328.4 |
Thai Bhat | THB | 8.23 | 8.38 |
KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.
On Thursday, the single tola of 24 Karat gold was available at Rs217,400, and the price for 10-gram gold reached Rs186,390.
Meanwhile, the 22 Karat Gold price stands at Rs199,282, 21 karat rate for each tola is Rs190,225 and 18k gold rate hovers around Rs163,050.
In international market, the price of precious metal hovers around $2,045 per ounce.
City | Gold | Silver |
Lahore | PKR 217,400 | PKR 2,696 |
Karachi | PKR 217,400 | PKR 2,696 |
Islamabad | PKR 217,400 | PKR 2,696 |
Peshawar | PKR 217,400 | PKR 2,696 |
Quetta | PKR 217,400 | PKR 2,696 |
Sialkot | PKR 217,400 | PKR 2,696 |
Attock | PKR 217,400 | PKR 2,696 |
Gujranwala | PKR 217,400 | PKR 2,696 |
Jehlum | PKR 217,400 | PKR 2,696 |
Multan | PKR 217,400 | PKR 2,696 |
Bahawalpur | PKR 217,400 | PKR 2,696 |
Gujrat | PKR 217,400 | PKR 2,696 |
Nawabshah | PKR 217,400 | PKR 2,696 |
Chakwal | PKR 217,400 | PKR 2,696 |
Hyderabad | PKR 217,400 | PKR 2,696 |
Nowshehra | PKR 217,400 | PKR 2,696 |
Sargodha | PKR 217,400 | PKR 2,696 |
Faisalabad | PKR 217,400 | PKR 2,696 |
Mirpur | PKR 217,400 | PKR 2,696 |
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