Latest news with #MakbulDoctor
NDTV
5 hours ago
- NDTV
Probe Agency Raids In Gujarat, Maharashtra In Rs 100 Crore Fraud Case
Ahmedabad: The Enforcement Directorate on Wednesday conducted searches in Gujarat and Maharashtra as part of a money laundering investigation linked to fraudsters who allegedly committed cyber crimes like digital arrests and transferred funds of more than Rs 100 crore abroad, official sources said. The raids were conducted in Surat and Ahmedabad in Gujarat and in Mumbai by the Surat sub-zonal office of the federal probe agency under the Prevention of Money Laundering Act (PMLA). The money laundering case stems from a Gujarat Police FIR against Makbul Doctor, Kaashif Doctor, Bassam Doctor, Mahesh Mafatlal Desai, Maaz Abdul Raheem Nada and some others, the sources said. The accused are alleged to have been involved in cheating general public through various cyber frauds such as fake USDT trading (crypto currency), digital arrests, threatening innocent individuals by sending fake notices of law enforcement agencies etc., they said. The money obtained from gullible persons through this cyber fraud was collected in the bank accounts opened by either using KYC of dummy persons or forging the KYC documents. The illicit funds were converted into crypto currency though various 'Angadiya' or hawala operators and they are suspected to have remitted more than Rs 100 crore funds abroad, the sources said.
The Hindu
6 hours ago
- The Hindu
ED raids in Gujarat, Maharashtra in ₹100-cr cyber ‘fraud' case
The Enforcement Directorate (ED) on Wednesday (June 25, 2025) conducted searches in Gujarat and Maharashtra as part of a money laundering probe against fraudsters, who allegedly committed cyber crimes like digital arrests and illegally transferred funds of more than ₹100 crore abroad, official sources said. The raids were conducted in Surat and Ahmedabad in Gujarat and in Mumbai by the Ahmedabad zonal office of the federal probe agency under the provisions of the Prevention of Money Laundering Act (PMLA). The money laundering case stems from a 2024 Gujarat Police FIR against Makbul Doctor, Kaashif Doctor, Bassam Doctor, Mahesh Mafatlal Desai, Maaz Abdul Raheem Nada and some others, the sources said. The accused are alleged to have been involved in cheating the general public through various cyber frauds such as fake USDT trading (crypto currency), digital arrests, threatening innocent individuals by sending fake notices of law enforcement agencies etc., they said. Cyber frauds like 'digital arrests' and fake summons or notices sent in the name of police or investigative agencies have led to duping of a number of persons over the last few years as the victims are forced to stay on video calls over Internet-based social media platforms with the scammers extorting money from them by threatening action by law enforcement agencies. The ED, according to the sources, suspects that funds obtained from the victims through this cyber fraud were collected in bank accounts which were opened by either using KYC of dummy persons or forging identity documents. Such illicit funds were converted into crypto currency through various 'Angadiya' or hawala operators and they are suspected to have remitted more than ₹100 crore funds abroad in the recent past, the sources said.
The Print
10 hours ago
- The Print
ED raids in Gujarat, Maharashtra in cyber fraud case
The money laundering case stems from a Gujarat Police FIR against Makbul Doctor, Kaashif Doctor, Bassam Doctor, Mahesh Mafatlal Desai, Maaz Abdul Raheem Nada and some others, the sources said. The raids were conducted in Surat and Ahmedabad in Gujarat and in Mumbai by the Surat sub-zonal office of the federal probe agency under the Prevention of Money Laundering Act (PMLA). Ahmedabad, Jun 25 (PTI) The Enforcement Directorate on Wednesday conducted searches in Gujarat and Maharashtra as part of a money laundering investigation linked to fraudsters who allegedly committed cyber crimes like digital arrests and transferred funds of more than Rs 100 crore abroad, official sources said. The accused are alleged to have been involved in cheating general public through various cyber frauds such as fake USDT trading (crypto currency), digital arrests, threatening innocent individuals by sending fake notices of law enforcement agencies etc., they said. The money obtained from gullible persons through this cyber fraud was collected in the bank accounts opened by either using KYC of dummy persons or forging the KYC documents. The illicit funds were converted into crypto currency though various 'Angadiya' or hawala operators and they are suspected to have remitted more than Rs 100 crore funds abroad, the sources said. PTI NES DV DV This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
10 hours ago
- Business Standard
ED raids in Gujarat, Maharashtra in cyber fraud probe over ₹100 cr scam
The Enforcement Directorate on Wednesday conducted searches in Gujarat and Maharashtra as part of a money laundering investigation linked to fraudsters who allegedly committed cyber crimes like digital arrests and transferred funds of more than Rs 100 crore abroad, official sources said. The raids were conducted in Surat and Ahmedabad in Gujarat and in Mumbai by the Surat sub-zonal office of the federal probe agency under the Prevention of Money Laundering Act (PMLA). The money laundering case stems from a Gujarat Police FIR against Makbul Doctor, Kaashif Doctor, Bassam Doctor, Mahesh Mafatlal Desai, Maaz Abdul Raheem Nada and some others, the sources said. The accused are alleged to have been involved in cheating general public through various cyber frauds such as fake USDT trading (crypto currency), digital arrests, threatening innocent individuals by sending fake notices of law enforcement agencies etc., they said. The money obtained from gullible persons through this cyber fraud was collected in the bank accounts opened by either using KYC of dummy persons or forging the KYC documents. The illicit funds were converted into crypto currency though various 'Angadiya' or hawala operators and they are suspected to have remitted more than Rs 100 crore funds abroad, the sources said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
