Fake bank accounts case

Fake bank account case were discovered in Pakistan few years back in which many politicians, business owners and other civilians were involved. In Pakistan money laundering will lead toward a decade of imprisonment.

Illegal property, money or any assets which the accused wanted to show legal is known as money laundering normally black money is shown as white & legally earned.

These fake accounts do contain the money in them but the money does not belong to the owner of the account. Normally the account owner is unaware of this money, for this purpose his name and national identity is used to open the accounts.

Nation has encountered multiple fake accounts with millions of dollars in them. Fake bank account case has been registered against multiple people including senior politicians and well known business owners.