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>>India’s Enforcement Directorate has charged five people in an $11 million fraud case.

India’s Enforcement Directorate has charged five people in an $11 million fraud case.

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3 days ago

ED Charges and Accused

The Enforcement Directorate filed a PMLA charge sheet against five persons for cyber frauds totaling Rs 104.15 crore. The accused are Makbul Abdul Rehman Doctor, Kaashif Makbul Doctor, Mahesh Mafatlal Desai, Om Rajendra Pandya and Mitesh Gokulbhai Thakkar. Bassam Doctor, a key figure, has absconded and is believed to be hiding in an Arab country, where a crypto wallet received most of the illicit proceeds.

Investigation Findings

Surat Police’s Special Operations Group aided the probe, leading to the arrest of four suspects and seizure of three properties worth about $1 million. Authorities uncovered fake stock tips, forged notices from agencies such as the ED and CBI, and a counterfeit police setup used to extract money. Funds were laundered through mule bank accounts, pre‑activated SIMs, hawala channels and finally converted into non‑KYC digital assets.

Public Warning

Police have warned residents of a surge in digital scams and urged caution when sharing personal data online. Victims are advised to verify investment offers and consult professionals before committing funds. Maintaining vigilance against unknown entities is essential to prevent fraud.

India’s Enforcement Directorate has charged five people in an $11 million fraud case.

ED Charges and Accused

Investigation Findings

Public Warning

India’s Enforcement Directorate has charged five people in an $11 million fraud case.