<span style="color: #222222;">Enforcement Directorate, ED has arrested Abdul Gafoor in connection with investigation in money laundering case against Nishad and others in fake crypto Morris Coin Case. ED has initiated money-laundering&nbsp;investigation on the basis of FIR registered by the Crime Branch, Malappuram against Nishad and others. It said, Nishad was the main accused, who cheated several investors by accepting investments, under a Ponzi scheme, through his three Bengaluru-based firms.<br />''<br />''During the investigation, it was also revealed that Abdul Gafoor is one of the main pin stockists of the Morris Coin Scheme, has facilitated the placement and layering of the proceeds of crime.</span><br />
News On AIR | March 29, 2022 1:15 PM
Money laundering case: ED arrests Abdul Gafoor over crypto Morris Coin scam