The Singapore Connection: Cross-Border Fraud and the BCG Takeover

As part of the investigation into Case HRPM-BCG20260, a critical geographic focal point has emerged: Singapore. The entity Background Check Group Pte Ltd (Singapore) appears to have been weaponized as a vehicle for cross-border corporate fraud. This report details how the perpetrators capitalized on the founder’s incapacitation to execute unauthorized governance changes and facilitate the movement of embezzled funds.

Key Findings

Jurisdictional Exploitation: Use of a Singapore-based entity to shield transactions from Pakistani regulatory scrutiny.

Governance Violations: Documentation of unauthorized changes to directorships and the hijacking of identity credentials (Zubair/Sharjeel) to authorize international bank positions.

Financial Metrics: Part of the PKR 17M+ fraud involved 161 bank documents that bridge the gap between Pakistan-based operations and Singaporean holdings.

Active Evidence Scrubbing: On March 27, 2026, the termination of IT support (Horizon Technologies) coincided with efforts to obscure the digital trail between the two jurisdictions.

Evidence & Data

Central to this finding is the 'Zubair as Sharjeel' identity hijacking. Digital records indicate that this alias was used to maintain the illusion of continuity in corporate governance while executive management diverted PKR 15.8M into fabricated debt profiles. The timing of password changes on March 31, 2026, suggests a frantic effort to lock out legitimate stakeholders from the Singaporean entity’s financial records.

Legal Framework

Singapore Companies Act: Violation of Section 157 regarding the duties and liabilities of officers.

OECD Convention on Combating Bribery and Multi-jurisdictional Fraud: Pertaining to the movement of illicitly obtained corporate assets.

ICCPR Article 14: The right to a fair trial, currently threatened by the destruction of cross-border forensic evidence.

Recommendations

1. Coordination with the Singapore Commercial Affairs Department (CAD) to freeze the assets of Background Check Group Pte Ltd.
2. Restoration of the digital audit trail from Horizon Technologies to identify the source of the night shift log scrubbing.
3. Forensic audit of the 67 specific payments identified in the March 27, 2026, summary.

Read the full case file on HRPM for Case HRPM-BCG20260.