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Double Shah | The Story of Pakistan's Biggest Ponzi Scam | Crime Story | SAMAA TV

Explore the notorious tale of Sibtul Hasan Shah, better known as Double Shah, a former school teacher turned infamous Ponzi scam artist from Pakistan. Hailing from a humble background in Wazirabad, he rose to infamy by orchestrating a large-scale Ponzi scheme that captured the nation's attention. Born in Koloke, a small town in Sialkot District, Punjab, his story is a cautionary tale of deception and financial fraud.

In a shocking turn of events, Double Shah was convicted and sentenced to 14 years in prison for his fraudulent activities. His downfall was widely covered by Pakistani media, including the prominent newspaper Jang. On October 30, 2015, news of his demise surfaced, marking the end of a controversial chapter in Pakistan's financial history.

Join us as we delve into the life, crimes, and eventual fate of Double Shah, examining the impact of his actions on those affected and the lessons learned from his elaborate Ponzi scheme.

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