ED arrests Abdul Ghafoor in fake crypto coin case

ED has arrested Abdul Ghafoor in connection with the money laundering probe against Nishad and others in the fake crypto Morris coin case.

Based on the FIR lodged by the Crime Branch in Malappuram, Kerala, the directorate started a money laundering probe against Nishad and others.

Main accused Nishad duped several investors by taking money under Ponzi scheme through his three Bangalore based companies. During the investigation it was also found that Abdul Ghafoor, a key stockist of the Morris Coin scheme, was involved in the money laundering process.