Bitcoin fraud
Celebrity Hairstylist Jawed Habib Faces 32 Fraud Cases in UP For Bitcoin Investment Scheme
Oct 13, 2025 02:50 am CST
Celebrity hairstylist Jawed Habib, his son Anos Habib, and an associate are facing 32 FIRs in Sambhal, UP, for allegedly defrauding investors of Rs 5-7 crore through Follicle Global Company. They promised 50-70% returns on Bitcoin investments but failed to repay investors after two-and-a-half years. A lookout notice has been issued while Habib's lawyer claims he cannot appear for questioning due to health issues.
Chinese Fraudster Convicted in UK's Largest Bitcoin Money Laundering Case: $6.7 Billion Cryptocurrency Scheme Exposed
Sep 30, 2025 01:57 pm CST
Zhimin Qian, a 47-year-old Chinese national, has been convicted in London for orchestrating a massive cryptocurrency fraud worth $6.7 billion. After defrauding over 128,000 investors in China between 2014-2017, she converted the stolen funds into 61,000 bitcoins to hide their origins. Following a seven-year international investigation, authorities have finally brought the so-called "goddess of wealth" to justice, marking one of history's largest cryptocurrency-related criminal cases.