Javed Sheikh faces legal heat in Rs5 million investment fraud case

In a significant legal development, the Rawat Police have registered a fraud case against renowned film star Javed Sheikh and five other individuals, express.pk reported. Filed under Section 420 of the Pakistan Penal Code, the charges allege that the accused deceived a couple into investing Rs5 million with promises of lucrative returns.

The case was filed following the directives of the Additional District and Sessions Judge. The police have summoned all the accused for investigation. According to the complaint filed by Amjad Mahmood and his wife, Iram Amjad, Javed along with Jahanzeb Alam, Jamal Khan, Rana Zahid, Azhar Hussain, and Sameer Jadoon, persuaded them to invest money, promising a 7% monthly profit.

The couple signed an agreement on official stamp papers and handed over Rs5 million. However, after several months, they did not receive any returns and were allegedly threatened when they demanded their money back. The couple approached the court after the police initially refused to register their complaint.