- Home
- Technology
- News
PTA blocks 43 loan apps after scam scandal
PTA initiatives also include consultation and support from Securities & Exchange Commission of Pakistan (SECP).


Islamabad: Pakistan Telecommunication Authority (PTA) blocked 43 loan applications after the loan application scandal that took place in Rawalpindi.
According to the details, PTA blocked 43 loan applications following the instructions of Ministry of Information Technology (MoIT). Federal Minister IT Amin-ul-Haq said: “Strict action has been initiated against illegal loan application”.
IT minister stated that Chairman PTA has been instructed to take immediate action against such applications responding to which 43 applications have been blocked so far under the immediate implementation of the instructions.
PTA initiatives also include consultation and support from Securities & Exchange Commission of Pakistan (SECP).
On the other hand, after the death of a citizen in Rawalpindi due to Easy Loan apps financial scheme, Federal Investigation Agency (FIA) made the records of all four cell offices of apps part of the investigation.
FIA has approached the concerned companies to block the accounts of loan apps. They also received the records of all the employees of loan apps companies. The cybercrime wing of FIA is investigating against 19 people in this regard.
Investigation Agency has decided to make the data hacking process a part of the investigation. Letters have been written to PTA to recover the record of sims used in financial fraud.

Richards saves the day for the USMNT on a night when the frontline couldn't
- 9 hours ago

Major relief for salaried class in income tax
- 11 hours ago
Naveed Asghar appointed acting Wapda chairman
- 7 hours ago

Eufy’s X10 Pro Omni mopping robovac has returned to its best price to date
- 12 hours ago

India says it will never restore Indus water treaty with Pakistan
- 7 hours ago

Inside Microsoft’s complicated relationship with OpenAI
- 12 hours ago

Max will show autoplaying video previews picked by AI
- 12 hours ago

Elden Ring Nightreign is getting even harder bosses
- 12 hours ago
'Terrorist' killed, two others wounded in clash with police in DI Khan
- 7 hours ago

Gold price soars Rs1,465 per tola in Pakistan
- 7 hours ago

Teaser of much awaited drama ‘Mein Manto Nahi Hoon’ released
- 6 hours ago
The whiplash of covering Summer Game Fest 2025 in LA
- 12 hours ago