Celebrated hairstylist Javed Habib is known for his nationwide salon chains, which are in the news these days, and not for the right reasons, but for an alleged fraud case. The Sambhal police have registered 20 FIRs against Javed Habib and his son Anas Habib for allegedly defrauding more than 100 investors of crores of rupees.
The local police teams are now preparing to raid locations in Mumbai and Delhi, whereas a lookout notice has been issued against some members of the family. According to the police investigation, the case dates back to two years. In 2023, a grand event was organised at the Royal Palace Venkat Hall in the Sarayatrain area of Sambhal in Uttar Pradesh.
This event was organised under the name of Follicile Global Company, where Javed Habib and his son took over the stage and assured 150 attendees that they would receive around 50 to 75 per cent returns if they invested in this firm. Quickly, many people were lured by the profit number and ambiance, which also included guaranteed success with promises of foreign investment.
More than 100 people deposited between 5 and 7 lakh rupees with FLC, where the investments were made in the name of Binance Coin and Bitcoin. But, within a few months, the company disappeared from the market, leaving hundreds of people in shock and perplexed.
Now, after a year with no profits, people have started to visit the Habib salon and company office, demanding their money back, with Saifullah, the company’s local in-charge, allegedly avoiding the public. Eventually, the company shut down its services in the area, and the office, which is registered under Habib’s name, is now locked.
Initially, some victims filed a complaint, but recently the number has increased, with 19 new cases filed against Javed Habib and his son, wife, and now the company head, Saifullah. The Superintendent of Police, K.K. Bishnoi, personally visited the Raisatti police station where the complaints have been filed and assured the victims that further action will be taken shortly.
Sambhal police have filed charges against the Habib family under sections 420 (cheating) and 506 (criminal intimidation). Some investors have apparently also received threats from unknown entities when they demanded their money back, indicating that there is a possibility that this may be a well-organised fraud network.
The role of the wife is also under scrutiny
The police investigation has now taken a new turn, as the documents reveal that Javed Habib’s wife is listed as the founder of the company. This means that the entire fraud scheme was planned at a family level and involves multiple individuals. According to some unconfirmed reports, Sambhal police are suspecting that the Habib family maybe preparing to leave the country and have now issued a lookout notice against them. The police are no longer just hunting for paperwork but have assigned teams in Delhi and Mumbai, where the family resides.
Check this space for more updates on the case.
The local police teams are now preparing to raid locations in Mumbai and Delhi, whereas a lookout notice has been issued against some members of the family. According to the police investigation, the case dates back to two years. In 2023, a grand event was organised at the Royal Palace Venkat Hall in the Sarayatrain area of Sambhal in Uttar Pradesh.
This event was organised under the name of Follicile Global Company, where Javed Habib and his son took over the stage and assured 150 attendees that they would receive around 50 to 75 per cent returns if they invested in this firm. Quickly, many people were lured by the profit number and ambiance, which also included guaranteed success with promises of foreign investment.
More than 100 people deposited between 5 and 7 lakh rupees with FLC, where the investments were made in the name of Binance Coin and Bitcoin. But, within a few months, the company disappeared from the market, leaving hundreds of people in shock and perplexed.
Now, after a year with no profits, people have started to visit the Habib salon and company office, demanding their money back, with Saifullah, the company’s local in-charge, allegedly avoiding the public. Eventually, the company shut down its services in the area, and the office, which is registered under Habib’s name, is now locked.
Initially, some victims filed a complaint, but recently the number has increased, with 19 new cases filed against Javed Habib and his son, wife, and now the company head, Saifullah. The Superintendent of Police, K.K. Bishnoi, personally visited the Raisatti police station where the complaints have been filed and assured the victims that further action will be taken shortly.
Sambhal police have filed charges against the Habib family under sections 420 (cheating) and 506 (criminal intimidation). Some investors have apparently also received threats from unknown entities when they demanded their money back, indicating that there is a possibility that this may be a well-organised fraud network.
The role of the wife is also under scrutiny
The police investigation has now taken a new turn, as the documents reveal that Javed Habib’s wife is listed as the founder of the company. This means that the entire fraud scheme was planned at a family level and involves multiple individuals. According to some unconfirmed reports, Sambhal police are suspecting that the Habib family maybe preparing to leave the country and have now issued a lookout notice against them. The police are no longer just hunting for paperwork but have assigned teams in Delhi and Mumbai, where the family resides.
Check this space for more updates on the case.
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