KARACHI: The National Cyber Crime Investigation Agency (NCCIA) has busted an โ€œinternational cartelโ€ involved in cyber fraud amounting to $60 million, arresting 15 foreign nationals and recovering 10,000 international SIMs during a raid in Karachiโ€™s Defence Housing Authority (DHA), Sindh home minister revealed on Thursday.

Addressing a press conference in Karachi along with NCCIA Additional Director Tariq Nawaz, Sindh Home Minister Zia-ul-Hassan Lanjar shared the details of the investigations, saying the held scammers were โ€œoperating online investment scam, where criminals build trust over weeks/months via social media platforms by tricking the victims into investment in cryptocurrency, forex with promise of large profit returnsโ€.

โ€œThe victims were lured

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