32 FIRs against Jawed Habib: Hair stylist duped Rs 5-7 lakh from each investor

NEW DELHI: Jawed Habib, his lad Anos Habib, and an subordinate person been accused of defrauding investors by promising precocious returns done a strategy nether the banner of Follicle Global Company (FLC), quality bureau PTI reported. According to authorities, the accused collected Rs 5-7 lakh from each investor, claiming it would output returns of 50-70 per cent connected Bitcoin purchases. However, aft implicit 2 years, investors reportedly received nary returns. Preliminary investigations estimation the fiscal fraud astatine Rs 5-7 crore. Raia Satti constabulary presumption in-charge Govind Kumar said that 32 FIRs person been registered against the trio. Notices person been issued for them to look for questioning, and a lookout announcement has been issued to forestall them from leaving the country. On Sunday, Habib’s lawyer Pawan Kumar met constabulary and submitted aesculapian papers citing the hairstylist’s mediocre health. “My lawsuit has bosom issues and had precocious mislaid his father. He is presently unwell and could not look successful person. We are cooperating afloat with the police,” Kumar told reporters.“We judge that the constabulary volition not enactment unjustly. The allegations are nether investigation. We are acceptable to cooperate astatine each stage," helium added. Police confirmed that investigations are ongoing and that Habib would request to grounds his connection successful person.