Overview

• Sambhal police have registered 32 FIRs against Jawed Habib, his son Anos, and an associate named Saiful in a case tied to Follicle Global Company.
• Authorities allege investors were asked to put in Rs 5–7 lakh each with promises of 50–70% returns through Bitcoin purchases.
• Preliminary estimates place potential losses at roughly Rs 5–7 crore, and investors report receiving no returns after more than two years.
• Notices for questioning have been issued, and a lookout notice remains in effect to prevent the accused from leaving India.
• Habib’s lawyer submitted medical papers citing heart issues and a recent bereavement and said they are cooperating, but police say Habib must record his statement in person.