KARACHI: The Federal Investigation Agency (FIA) Anti-Money Laundering (AML) Circle has seized another high-end vehicle connected to Armaghan Qureshi, the primary suspect in the Mustafa Amir murder case. The vehicle, a Ford Raptor worth approximately Rs58.5 million, was recovered from the Quaidabad area on Thursday following a 22-day search operation.
Investigators had previously discovered that the luxury vehicle, reportedly used by Armughan, had disappeared from his residence.
The seizure marks another breakthrough in the ongoing investigation, which has revealed financial irregularities linked to the accused. According to FIA sources, Armughan is alleged to have amassed a substantial fortune through illicit call center operations over the past seven years. Investigators estimate that between $300,000 and $500,000 of unlawfully obtained funds were converted into cryptocurrency daily.
These earnings were reportedly used to purchase luxury assets, including high-end vehicles and properties in affluent areas. The FIA has identified eight vehicles purchased with proceeds from the fraudulent scheme, with a total estimated value exceeding Rs120 million. One such vehicle, valued at more than Rs50 million, was previously seized from Armughan’s residence on March 5.
The FIA’s AML Circle, in collaboration with specialized units, is continuing to investigate the extent of Armughan’s financial dealings. Authorities believe a significant portion of the illegally acquired funds have been funneled into cryptocurrency transactions, real estate investments, and other high-value assets.
