Who provides legal support for overseas e-commerce fraud?
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It’s a matter of national pride that we have secured the highest rank of our country in the World Economic Forum’s (WEF) Global Competitiveness Index for 2020. Through this achievement, our economy has shown tremendous improvement and is one of the fastest growing economies in the world. However, what is more crucial for our future is the rise of e-commerce and its potential to transform our economy. browse around this web-site In Pakistan, e-commerce market is still in its nascent stage, with only
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Over the past few years, e-commerce has experienced significant growth in Pakistan. As the convenience of buying online becomes more apparent, it’s increasingly popular for many people to make purchases without leaving the safety of their homes. Unfortunately, this has also led to a significant increase in fraud, particularly in the form of fake products being sold. The cost to the victims of e-commerce fraud can be vast, with some estimates stating that victims could lose thousands or even millions of rupees. Fortunately, there are various legal measures that
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As I am the top expert lawyer in karachi, one of my clients has raised this very issue recently. In response, my team came up with a comprehensive, realistic and practical plan to handle the situation. What we did: Our team analyzed the case in detail, collected all necessary data and documented the issues to be addressed. After thoroughly discussing the problem with our client, we came up with a practical plan that is tailored to the client’s unique situation. Key Points: 1. Realistic Approach: Our team put forward a
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In 2020, the Federal Investigation Agency, FEA, carried out the largest online scam in the history of Pakistan. It involved 500,000 fraudulent transactions valued at $2.75 billion. Most of the transactions took place on the popular online marketplace Sikhih.net. The company was formed in 2004 and was initially registered with the Faisalabad Business Owners’ Association (FBOA). On November 14, 2020, the
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1. Over the last decade, fraudsters have targeted online transactions in foreign countries, taking advantage of weak payment infrastructure in developing markets. 2. In 2020 alone, losses incurred in the US alone surpassed $2.5 billion due to online fraud, according to the American Bankers Association. 3. The Covid-19 pandemic has amplified these frauds by providing impetus for criminals to exploit loopholes and new opportunities. 4. In September, US online ret
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As e-commerce fraud is rampant in Karachi and Lahore as well, legal support is needed to help business owners and consumers in defending their interests. Unfortunately, many of these cases go unnoticed, and those who file cases against the accused companies are often not heard, which is a problem. There are many companies like Zomato and Foodpanda that have been facing a major controversy over fraudulent activity. One of the companies under suspicion is Uber, where millions of dollars of the company’s earnings are said to