Money for Muslims

The $20 Million Scam That Targeted Muslims


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Aaqib Ahmed’s “halal passive income” scheme promised effortless wealth but unraveled as a Ponzi scam, devastating hundreds of trusting investors.

This podcast explores how trust can be weaponized, why “too good to be true” often wins, and introduces the TRE Test—a practical framework to spot scams before it’s too late.

Article: ⁠https://muslimmoney.co/article/aaqib-ahmed-muslim-pioneer-20-million-muslim-run-scam⁠

MuslimMoney.co Newsletter: ⁠https://muslimmoney.co/newsletter⁠

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Money for MuslimsBy MuslimMoney.co