Renowned hairstylist Jawed Habib and his son, Anos Habib, have been booked in 23 cases of fraud for allegedly duping investors of around ₹7 crore through a fake investment scheme, police said on Wednesday.
According to Superintendent of Police Krishna Kumar Vishnoi, the duo operated under the banner of FLC Company, promising annual returns of 50–70 per cent on Bitcoin investments.
Each investor was reportedly asked to contribute ₹5–7 lakh, but even after two and a half years, no returns were provided.
So far, 38 victims have been identified, and 23 FIRs have been registered against Jawed Habib, his son, and an associate named Saiful.
Police have also issued a lookout notice for the celebrity hairstylist and his son. Their properties may be seized under Section 107 of the Bharatiya Nyaya Sanhita if they fail to repay the defrauded investors.