Ahmedabad, June 25
The Enforcement Directorate (ED), on Wednesday, launched a coordinated crackdown across Gujarat and Maharashtra in connection with a massive cyber fraud case involving more than Rs 100 crore, officials said.
Raids were carried out early in the morning at several offices and residences in Ahmedabad, Surat, and Mumbai, under the Prevention of Money Laundering Act (PMLA).
Acting on a complaint filed by the Gujarat Police, the Ahmedabad Zonal Office of the ED initiated searches at properties linked to multiple individuals suspected of orchestrating large-scale digital financial scams.
The key accused named in the case include Maqbool Doctor, Kashif Doctor, Basam Doctor, Mahesh Mafatlal Desai, and Maz Abdul Rahim Nada, among others.
Authorities allege the group duped unsuspecting victims by employing tactics such as fake enforcement notices, USDT (Tether) crypto trading scams, and false digital arrest threats.
The accused reportedly opened bank accounts using forged KYC documents and used these accounts to receive money from victims. These funds were then funneled through hawala and angadia channels, ultimately being converted into cryptocurrency and transferred abroad, officials said.