32 FIRs has been registered against the popular hairstylist Jawad Habib, his son and an associate in UP’s Sambhal. Three of them is being accused of defrauding investors by promising high returns. They did this in the name of a scheme under the banner of Follicle Global Company (CLC).

Jawed and the associates promised the investors of return of Rs 50- 70 per cent on Bitcoin purchases. In the name of this, the accused collected Rs 5-7 lakh from each investor. However, the investors alleged that even after 2 years, they didn’t get any returns. The financial fraud is estimated to be at Rs 5-7 crore. After issuing notices to the trio to appear for questioning, a lookout notice has been issued to prevent them from leaving the country.

“After a detailed probe, 32 FIRs have been registered agai

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