Several Pakistan cricketers, including Babar Azam, have reportedly suffered financial losses after allegedly investing in a scheme described as a possible Ponzi operation by reports.
Reports say Mohammad Rizwan and Shaheen Shah Afridi are also affected, and the matter has reportedly been brought to the Pakistan Cricket Board for review.
According to reports, around a dozen current national team players, including Fakhar Zaman and Shadab Khan, invested large sums through a Pakistani businessman now alleged.
Sources allege the businessman was familiar to several players and had links within cricket, including sponsorship activity connected to the Pakistan Super League during seasons.
Read More: South African Batter Ruled Out of PSL 2026
The investment initially appeared to work, with investors receiving payments for the first few months before the payouts reportedly stopped later, raising alarm among investors.
When players sought explanations, the businessman reportedly claimed he had suffered heavy losses and was unable to return invested money to the affected players involved.
After that, he allegedly cut off contact with investors and subsequently left Pakistan, according to reports cited within cricket circles by various media sources involved.
The case is being framed as a possible Ponzi scheme, with reports suggesting losses of millions of rupees for some players and their families involved.
