Overview

• A Sambhal police team executed a search warrant at Habib’s New Friends Colony address on October 15 but did not find him, with officers saying he is evading interrogation.
• Authorities report 32–33 FIRs naming Habib, his son Anos, and associate Saifullah over a Follicle Global Company scheme that touted 50–75% returns via Bitcoin and Binance Coin.
• Police estimate about 150 investors contributed Rs 5–7 lakh each, putting alleged losses near Rs 5–7 crore, with roughly 33 formal complaints recorded.
• Habib did not appear for an October 12 summons as his lawyer submitted medical papers, and police say he must record his statement in person.
• The superintendent of police said teams will move to search a Mumbai property, seize documents, and may seek Gangster Act action depending on evidence.