Overview
- A Sambhal police team searched Habib’s New Friends Colony residence under a court warrant and, finding him absent, plans to search his Mumbai address next.
- Investigators cite 32–33 FIRs and about 33 formal complainants, estimating roughly 150 investors lost between Rs 5 crore and Rs 7 crore.
- Habib skipped an October 12 summons as his lawyer cited ill health, and police say they will seek a non-bailable warrant if he does not join questioning.
- A lookout notice is in force to stop Habib and his family from leaving the country as police describe him as evading interrogation.
- Habib and his son have filed a petition in the Allahabad High Court to quash the FIRs, while police allege the Follicle Global Company scheme promised unusually high crypto returns and delivered none.