KARACHI, June 24: The FIA Commercial Banking Circle on Monday arrested three suspects for their alleged involvement in a credit card fraud case and recovered security data of over 50 such cards.

According to the FIA, the investigation began on an information from the Askari Bank that a gang was actively defrauding credit card holders. The Deputy Director FIA CBC-II, Mohammad Mustafa Kamal, assigned a team to investigate the matter.

The FIA team arrested Saram Hussain while receiving credit card of the bank from a subscriber in the presence of the bank’s security staff. Shahzada Faisal and Naseer Ahmed were also arrested from Gulistan-i-Jauhar following recovery of data of over 50 credit cards along with security checks, preserved in the bank only, etc. All of the three suspects were produced in a banking court and remanded to FIA custody for further investigation till July 3.

FIA officials claimed that they were making efforts to arrest the other members of the gang.