ISLAMABAD, Jan. 23 -- Pakistani cricketers have responded to recent reports about alleged investment fraud, saying no fraud occurred. The company is in contact and has promised payments by March. Only two checks were reportedly bounced, and the matter is being monitored closely.

The players explained that they invested in the company, and initially received returns as promised. They emphasized that the company's owner, based in Dubai, has been communicating regularly. Cricketers added that the Pakistan Cricket Board chairman, Mohsin Naqvi, has also reached out to ensure the situation is resolved.

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According to the players, the investment decision was influenced by a forme...