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Boxer Amir Khan loses millions in investment scam

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Boxer Amir Khan loses millions in investment scam

Web Desk: British-Pakistani boxing star Amir Khan has revealed that he was scammed out of approximately Rs22.5 million (Rs2.25 crore) in a failed shisha cafe venture in Islamabad, turning a business investment into a costly financial setback.

The former world boxing champion confirmed the loss, reportedly amounting to around $80,000, after becoming involved in the proposed hospitality business in Pakistan’s capital.

Amir Khan’s investment in the shisha cafe project was expected to open a new business opportunity in Islamabad. However, the venture failed, leaving the boxer facing a substantial financial loss.

The incident has brought attention to the risks surrounding business investments and the circumstances in which Khan says he was defrauded.

Known internationally for his boxing career, Amir Khan has also pursued business ventures outside the ring. However, the Islamabad project has turned into an expensive experience for the sportsman.

Read more: Social media post could land Pakistanis behind bars

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zaryun pervaiz
Written by

zaryun pervaiz

The writer is an analyst covering politics, national security, foreign affairs, policy shifts in South Asia and beyond, energy and economy.

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