India, Oct. 9 -- Celebrity hairstylist Jawed Habib, his son Anos Habib, and an associate have been booked in 23 cases of fraud for allegedly swindling around Rs.7 crore from investors through a Bitcoin investment scheme, police said on Wednesday.

Superintendent of Police Krishna Kumar Vishnoi said the accused ran the scheme under the banner of FLC Company, promising annual returns of 50-70 per cent on Bitcoin purchases.

Police have issued a lookout notice against Habib and his son. Their properties may also be seized under Section 107 of the Bharatiya Nyaya Sanhita if they fail to return the defrauded money, the PTI report said.

Investigators have identified at least 38 victims so far.

The case came to light about 15 days ago when a m...