ED has arrested 4 people in cyber crime and money laundering case worth more than Rs 100 crore. The accused used to convert money into crypto by cheating through digital arrest and fake notices. He has been sent to ED custody for 5 days.
New Delhi: The Enforcement Directorate (ED) has arrested 4 accused on money laundering charges in connection with the investigation into several cyber crime cases worth more than Rs 100 crore. The agency gave this information on Friday. Maqbool Abdul Rehman Doctor, Kashif Maqbool Doctor, Mahesh Mafatlal Desai and Om Rajendra Pandya were arrested under Section 19 of the Prevention of Money Laundering Act, 2002. The accused were presented in the special PMLA court of Ahmedabad. The court has given five days’ ED custody for further investigation in this case.
Maqbool doctor along with his sons used to show off his power to the innocent public
The Surat Sub-Zonal Office of the ED arrested the accused following an investigation initiated under PMLA, 2002, on the basis of an FIR registered by the Special Operation Group of Surat Police on October 15, 2024, against Maqbool Abdul Rehman Doctor and others under various sections of the Indian Code of Justice, 2023.
In this case, ED said that Maqbool Doctor, his sons Kashif Maqbool Doctor and Basam Maqbool Doctor, Mahesh Desai, Om Rajendra Pandya and other associates have duped innocent people by sending fake notices of law enforcement agencies like Digital Arrest, Forex Trading, Supreme Court and ED. According to the investigation so far, the ED said that the accused have been found involved in laundering of proceeds of crime (POC) worth more than Rs 100 crore.
These accused were cheating people in a very systematic manner
ED said that the accused opened and arranged bank accounts in the name of their employees, associates and hired people to deposit the proceeds of crime. The accused used a similar method to obtain pre-activated SIM cards to operate bank accounts. ED said- It has also been revealed that these accused have laundered POC by converting the cash into crypto currency (USDT) through different ‘Hawala operators’ to avoid regulatory investigation.