prize bond

Prize Bonds mega scam

prize bond

I had heard before that prize bond draws were manipulated, but there
was no way of proving this. But in the Rs. 15000 prize bond draw (no.
45) held in Peshawar on 3rd January 2011, there is circumstantial
evidence that this is indeed true.

In that draw, three consecutive numbers (018845, 018846 & 018847) won
prizes. The first prize (Rs. 3 crore) went to number 018847, the
second prize (Rs. 1 crore) went to 018846 (along with two other
numbers), while 018845 was one of the numbers winning the third prize
of Rs. 185,000.

According to the law of probability, the chance of a particular number
being drawn at random from 1,700 numbers is one in 1,700. (A total of
1,700 prizes is awarded in each draw). For two particular numbers
being drawn from the same lot of 1,700, the probability is one in
2,890,000. But for three particular numbers to be drawn, the
probability rises to one in 4,913,000,000. Put in simpler terms, what
happened is a miracle. For this to have happened, 4.913 billion draws
would have to be held. In short, it could have happened only once in
1.28 billion years (since there are four draws of Rs. 15,000 bonds
held every year).

Now you don’t have to be a certified moron to guess what happened.
Someone who owned each of the three prize bonds paid the computer
operator to ensure that the three numbers would be drawn. In that
case, he earned Rs. 40,185,000 (part of which went to the computer
operator). But there is another frightening possibility. There are
eight series in the Rs. 15,000 prize bond category (each containing
the winning numbers). What if only one person had all the 24 bonds in
existence bearing the three numbers? He would then be richer by Rs.
321,480,000 (over Rs. 32 crores).

In this case, one cannot deny the
possibility of government functionaries being involved. And if you
consider that there are prize bond draws of other denominations held
many times every year, there must be many such scams taking place.


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11 responses to “Prize Bonds mega scam”

  1. usman Avatar
    usman

    i have a personal experience and won the 2nd prize from 15,000 bond it was around 1c , but when i fill the form and submit in sbp they said it can take around 1 month because they have to send the prize bond to check its genuineness, we keep in contact with the person work in sbp and after a month they give our prize bond color copy back and said its not orignal , and when we ask to show our prize bond they said “We destroy that because it was not original” , after all the “Fizaay e Batimeezi” from both sides we came back home. but we found lots of information, we also receive calls from many unknown numbers and the callers offer us the full amount without cutting tax and said to sell that bonds, because most of the politicians use prize bonds to white theirs black earned money epically Khawaja Asif.

  2. Mohammad Yusha Avatar

    Moving away from the religious perspective on the issue, if we introspect deeply, we will be able to negate any benefit derived from prize bonds. The public has pinned false hopes, lost enormous amounts of money, while the addiction has entailed depression and a loss of mental peace. The issue of fraudulence in prize bonds is insignificant looking at society’s decadence in their pursuit of quick riches.

  3. Arbaz Khan Avatar
    Arbaz Khan

    i know people who won prizes in Bonds.one won about 1 lac from some “hundreds” of worth bond. one friend who won about 50k from a series of 750 (50 is rounded up ,coz he won 3 times in different times)….
    that is called luck, its probability is very low – common sense (people here making big complaints).. i have even seen people on tv who won prize bond money.
    but but its fake because its HARAAM.. that means God has forbidden it and gave some shocking examples for resembelence to something horribe…
    meaning of Hadees is that “a person who is involved in interest is like a person involved in fornication with his/her MOHARRAM in Khana e Kaaba” .. this shocking anger towards this act was because God knew there would be people who wil get involved in it like slaves of the the wrong system that people wil make fun of such strong Ahadees and wil continue with their slavery. they wont care but some good people wil come out of it when they wil have eman to know my anger towards interest..

  4. sherry Avatar
    sherry

    this scam is kinda a complex web by state bank becoz no one knows who wins or not.i have taken bonds for 15 years but no series won so i think they make fool

  5. kamil shah Avatar
    kamil shah

    mostly fraud happens in prize bond draw in opened in Peshawar. so please don’t worry.

  6. lakahani Avatar
    lakahani

    thee is no signle person or evidence that proved of someone winner in pakistan or any photo in newspaper

  7. JAVED Avatar
    JAVED

    Well done Lakhani. It is a great finding. Can we relate it with the highest functionary of Pakistan?

  8. Buraak Avatar
    Buraak

    Yar anyone who thinks that there is any system in Pakistan which
    remain intact from corruption would be a fool no 1.

  9. pakistani Avatar
    pakistani

    feelign very bad and very shamed that I am srounded with corrept people in very executive posts, god will never for give them and punish them….

  10. […] Lakhani writes about a prize bond draw manipulation in Pakistan where three consecutive numbers won the first […]

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