For cheating investors out of millions of dollars, a Turkish cryptocurrency CEO and his two brothers were sentenced to 11,196 years in prison apiece.
After his Thodex exchange abruptly crashed in 2021, Faruk Fatih Ozer, 29, escaped to Albania with investor funds.
In June, after being deported back to Turkey, he was convicted guilty of organised crime, fraud, and money laundering.
His brother Guven and sister Serap were both found guilty on the same crimes during the short trial in Istanbul.
According to Turkish media, the defendants received individual sentences for many offences committed against 2,027 victims, which added up to the entire number of years in the verdict.
Since the death penalty was abolished in Turkey in 2004, unusual jail sentences like this are rather prevalent.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.
On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 283.4 | 285.95 |
Euro | EUR | 307 | 310 |
UK Pound Sterling | GBP | 358.5 | 362 |
U.A.E Dirham | AED | 77.2 | 78 |
Saudi Riyal | SAR | 76 | 76.8 |
Australian Dollar | AUD | 187.2 | 189 |
Bahrain Dinar | BHD | 755.82 | 763.82 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.82 | 40.22 |
Danish Krone | DKK | 41.14 | 41.54 |
Hong Kong Dollar | HKD | 36.37 | 36.72 |
Indian Rupee | INR | 3.41 | 3.52 |
Japanese Yen | JPY | 1.39 | 1.45 |
Kuwaiti Dinar | KWD | 922.14 | 931.14 |
Malaysian Ringgit | MYR | 60.82 | 61.42 |
New Zealand Dollar | NZD | 175.33 | 177.33 |
Norwegians Krone | NOK | 26.12 | 26.42 |
Omani Riyal | OMR | 738.71 | 741.76 |
Qatari Riyal | QAR | 78.07 | 78.77 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 27.32 | 27.62 |
Swiss Franc | CHF | 324.5 | 327 |
Thai Bhat | THB | 8.08 | 8.23 |
Gold prices decreased in local markets in line with the trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.
Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.
City | Gold | Silver |
Lahore | PKR 216,300 | PKR 2,486 |
Karachi | PKR 216,300 | PKR 2,486 |
Islamabad | PKR 216,300 | PKR 2,486 |
Peshawar | PKR 216,300 | PKR 2,486 |
Quetta | PKR 216,300 | PKR 2,486 |
Sialkot | PKR 216,300 | PKR 2,486 |
Attock | PKR 216,300 | PKR 2,486 |
Gujranwala | PKR 216,300 | PKR 2,486 |
Jehlum | PKR 216,300 | PKR 2,486 |
Multan | PKR 216,300 | PKR 2,486 |
Bahawalpur | PKR 216,300 | PKR 2,486 |
Gujrat | PKR 216,300 | PKR 2,486 |
Nawabshah | PKR 216,300 | PKR 2,486 |
Chakwal | PKR 216,300 | PKR 2,486 |
Hyderabad | PKR 216,300 | PKR 2,486 |
Nowshehra | PKR 216,300 | PKR 2,486 |
Sargodha | PKR 216,300 | PKR 2,486 |
Faisalabad | PKR 216,300 | PKR 2,486 |
Mirpur | PKR 216,300 | PKR 2,486 |
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