Celebrity hairstylist Jawed Habib, son booked for multi-crore crypto scam; lookout notices issued against all family members
Police have so far registered 20 cases against Habib and his son, Anas Habib, including 19 new cases filed recently
PTC Web Desk: The Sambhal police, UP, have stepped up action against celebrity hairstylist Jawed Habib and his family over allegations of duping more than 100 investors of crores of rupees. The police have so far registered 20 cases against Habib and his son, Anas Habib, including 19 new cases filed recently. Investigations have also implicated Habib’s wife, who is reportedly the founder of the allegedly fraudulent company.
To prevent the family from leaving the country, lookout notices have been issued against all members. Jawed Habib has been summoned to Sambhal for questioning, while police teams are gathering details of the family’s assets and plan to inspect their properties in Delhi and Mumbai.
Police reports reveal that Jawed Habib and his son lured investors during a 2023 event held at Sarayateen, Sambhal, under the banner of FLC (Follicle Global Company) at the Royal Palace Venkat Hall. Around 150 participants were promised returns of 50–75% on investments in Bitcoin and Binance coins. Each investor reportedly contributed Rs 5–7 lakh, leading to a total financial impact affecting over 100 persons.
When promised returns were not paid within a year, investors approached the local police. Habib, his son, and other associates allegedly shut down the company and fled. The initial complaint was registered at Raysatti police station, after which Superintendent of Police (SP) KK Bishnoi assured victims of legal action and recovery of their funds.
Subsequent investigations led to 19 additional cases against Jawed Habib, Anas Habib, and Saifullah, a former head of Habib’s Sambhal operations. Cases have been filed under Sections 420 (cheating) and 506 (criminal intimidation) of the IPC, and police suspect Habib’s wife played a central role in the company’s operations.
SP Bishnoi stated that the estimated financial fraud amounts to Rs 5–7 crore. Police teams have been instructed to probe Habib’s properties in Delhi and Mumbai under Section 107 of the CrPC. If chargesheets are filed, action under the Gangster Act, including property seizure, will follow.