Cricketers' Costly Catch: Ponzi Scheme Snags Pakistan's Best

Top Pakistani cricketers, including Babar Azam and Mohammad Rizwan, have reportedly lost millions to a Ponzi scheme. The investment, alongside teammates like Shaheen Afridi, may exceed a billion rupees. Managed by a known businessman, initial profits faded, prompting a Pakistani Cricket Board inquiry as the businessman disappeared.

Several prominent Pakistan cricketers, including ex-captain Babar Azam, have allegedly been ensnared in a financial scam involving a Ponzi scheme, potentially costing them millions.

Sources reveal that the Pakistan Cricket Board is investigating the situation, as players report losses tied to a well-known businessman who has since vanished.

The scheme, impacting cricketing names such as Mohammad Rizwan and Shaheen Afridi, involved an initial promise of profit which was not sustained, leaving victims to face substantial financial setbacks.

(With inputs from agencies.)