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Pakistan: Depositers lose ‘420 million’ in Ponzi scheme

Karachi [Pakistan], December 6 (ANI): A Karachi-based social media influencer and businesswoman allegedly robbed around Rs 420 million from hundreds of Pakistani people, primarily women through a Ponzi scheme.
According to Dawn, the Karachi-based social media influencer and businesswoman, Sidra Humaid, ran a monthly ballot committee system, an old-age method of polling money commonly known as committees — without keeping