Zarco Exchange controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
Pakistan Forex Scam Case
Pakistani authorities implicated Zarco Exchange in a wider foreign-exchange enforcement case and alleged money laundering, illegal transfers abroad, and fraud. The Federal Investigation Agency closed the company's 727 outlets, while the State Bank suspended its licence. Zarco's CEO denied wrongdoing, and the subsequent proceedings ultimately led to licence reinstatement in 2011.