Jawed Habib registered under 20 cases of duping people of Rs 5-7 crores

Renowned hair stylist Jawed Habib and his family are facing over 20 cases for allegedly duping people of Rs 5-7 crores. Victims were reportedly misled into investing in Follicle Global Company (FLC) with promises of high returns, with over 150 ind...

Hair Stylist Javed Habib faces 20 FIRs over multi-crore crypto scam; lawyer denies involvement
Renowned hair stylist Jawed Habib has been registered for over 20 cases under the case of duping people for Rs 5-7 crores, PTI reported on Wednesday.

"Javed Habib, his wife, son have been charged under relevant sections, and the police have requested an investigation. Victims of the fraud have been urged to come forward. It's a fraud amounting to 5-7 crore rupees," Sambhal SP Krishan Bishnoi told PTI.




Earlier in September, Habib and his son were booked by the Uttar Pradesh Police in an alleged cryptocurrency scam. According to Sambhal Superintendent of Police (SP) Krishan Kumar Bishnoi, the alleged fraud was carried out under the banner of Follicle Global Company (FLC).

As per recent reports, the case was registered in Sambhal district after multiple complaints were filed by victims claiming they were misled into investing with promises of unusually high returns. Reportedly, more than 150 people lost lakhs of rupees in the scam.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › India › Jawed Habib registered under 20 cases of duping people of Rs 5-7 crores
Text Size:AAA
Success
This article has been saved

*

+