India’s Enforcement Directorate files charges against five in $11M fraud case

The Surat sub-zonal office of the Enforcement Directorate (ED) in Ahmedabad has announced that it has filed a charge sheet before the special court under the Prevention of Money Laundering Act (PMLA) against five individuals accused of several cybercrimes and fraud cases.

In the statement issued by the ED, the proceeds of crime in these cases have amounted to Rs. 104.15 crore (approximately $11 million). According to the complaint, the Enforcement Directorate names Makbul Abdul Rehman Doctor, Kaashif Makbul Doctor, Mahesh Mafatlal Desai, Om Rajendra Pandya, and Mitesh Gokulbhai Thakkar as the accused in the cases. The ED claims the group was fingered in several cyber fraud schemes that have defrauded residents across the country since its inception.

Enforcement Directorate files charges against five suspects

The ED statement noted cases were based on the investigation carried out by the Surat Police’s special operations group (SOG), adding that one of the key accused, Bassam Doctor, has absconded and is currently on the run. The Enforcement Directorate noted that their investigations point out that Bassam Doctor is currently hiding in an Arab country. They believe he is the ultimate recipient of the proceeds of crime, noting that most of the illicit funds were sent to his crypto wallet.

Law enforcement carried out several analyses of the devices and bank accounts seized from the suspects. In its statement, the Enforcement Directorate mentioned that the criminals spent crores of rupees through several e-commerce and online transactions to maintain their lavish lifestyle. The release mentioned that the ED arrested four of the accused in connection with investigations that kick-started in October 2025. In addition, three properties worth close to $1 million were also seized in connection with the case.

The Enforcement Directorate claimed that the criminals carried out their illicit activities using fake stock/investment tips and digital assets scams. They sent out fake notices impersonating agencies like ED, TRAI, CBI, and the Supreme Court. They play on fear and other emotions to force people to part with their funds on some occasions, and digital assets on other occasions. For their digital assets, they set up a fake police station with fake uniformed men making bogus claims to unsuspecting victims.

Indian police urge residents to be watchful

The criminals were said to have also been issuing fake challans as proof of penalties paid, with the Enforcement Directorate noting that several notices were recovered at the crime scene. Extorted funds were first collected in the bank accounts of known entities who have been able to pass simple Know-Your-Customer (KYC) regulations. These accounts are known as mule accounts, usually used to move and layer illicit funds, before they are eventually moved into other mediums like digital assets.

The criminals also link fraudulently obtained pre-activated SIM cards, making it easy to carry out their operations. After routing the funds through the bank accounts, they are then withdrawn in cash and also routed through several hawala channels, making it hard for regulators to make a definite trace, even if their transactions are intercepted. The funds are later moved into digital assets and stored in wallets that have not been KYC’ed.

Meanwhile, the Indian police have issued a warning to residents concerning the growing rate of criminal activities tied to digital scams. They have urged residents to be careful about how they share their personal data on social media, urging them to make sure they are careful when interacting with unknown entities. They also urged residents to seek professional help anytime someone proposes an investment opportunity to them online.

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