Meet Rizwan Aslam, a Con Artist of Pakistani origin living in the West Midlands, UK

A British - Pakistani has left over 200 victims devastated, scamming them out of a staggering £10 million in a global Ponzi scheme that spanned more than a decade. Rizwan Aslam, 52, from the UK, is facing growing calls for justice after exploiting his friends, family, and innocent investors worldwide. His promises of high returns from his supposed gold business in the UAE have unraveled, exposing one of the most insidious financial frauds in recent memory.

Aslam, who had built a reputation as a trustworthy investor, began his scam as far back as 2010, offering high-yield investments to those in his inner circle. His pitch was simple: "Invest with me, and I'll use the funds to buy gold directly from mines in Africa." With the allure of lucrative monthly returns, he gained the trust of hundreds of family members, childhood friends, and acquaintances. For years, investors sent him their savings, pensions, and life’s earnings, believing they were part of a legitimate venture.

However, in July 2024, the truth began to surface. Investors, some of whom had been promised monthly returns for years, found themselves unable to access their money. When a group of concerned investors demanded over £1 million, Rizwan Aslam could not deliver. Their worst fears were confirmed when an investigation revealed that Aslam had never invested in gold or any legitimate business. Instead, he had been running a Ponzi scheme, using new investors' money to pay old ones while secretly living a lavish lifestyle funded by the scam.

The chilling discovery shattered the lives of those who had trusted him. Many had invested their life savings, believing in his words and promises. Aslam's scheme was a carefully crafted web of deception, designed to exploit people's loyalty and trust. Behind the scenes, the once-revered businessman had been funding a high-stakes gambling addiction, using investors’ money to indulge in luxury living and gambling sprees.

Now, with the mounting devastation of his victims, Aslam has vanished, reportedly fleeing to Canada, where he remains at large. The families he ruined have been left broken; some even face financial ruin as they try to rebuild their lives. “Rizwan has blood on his hands,” said one victim, whose retirement savings were wiped out. “He took everything from us — our trust, our savings, and our future. We never imagined he could do something like this.”

Victims have come together, demanding that Action Fraud UK take immediate action to track down Aslam and bring him to justice. “This is a man who preyed on the people closest to him. He destroyed lives and left families in financial ruin,” said another investor. “We are calling for swift action. He must be held accountable for his crimes.”

Aslam’s scheme was meticulously designed to evade suspicion, making use of his charm and reputation to lure in investors. Over the years, he convinced his victims that he was a reputable businessman with connections to gold mines in Africa. In reality, his so-called “business” was nothing more than a front for his elaborate scam, built on lies and deception. Aslam’s smooth talking and promises of high returns were enough to dupe even the most skeptical investors.

The fallout from his scheme has reverberated around the globe, with families from multiple countries reporting significant financial losses. Some investors were so committed to the scheme that they took out loans and mortgaged their homes to fund Aslam’s venture, only to watch as their money disappeared without a trace.

The impact of the scam is not just financial. Families who once trusted Aslam have been left shattered, emotionally and psychologically scarred. The trust they had in their friend, their brother, their cousin, has been irreparably damaged. The lives of hundreds have been turned upside down, with many now struggling to make ends meet.

As the search for Rizwan Aslam continues, the victims of his fraud are holding onto hope that justice will be served. They are determined to ensure that he is caught and held accountable for the devastation he has caused.

For now, the families that trusted him must find a way to pick up the pieces of their lives. But one thing is certain — Rizwan Aslam’s name will forever be associated with betrayal and greed, a cautionary tale of how even those closest to us can cause the most devastating harm.

Over 200k worth of cars Rizwan Aslam was driving