Mumbai: The Shivaji Nagar police have registered a case of fraud against Zakir Naseem Khan and his wife, Ayesha Zakir Khan, for allegedly duping investors of ₹2.09 crore under the pretense of forex trading. The accused are currently absconding, and a manhunt has been launched to track them down.
According to the police, the complainant, a Shivaji Nagar resident living with his wife and three children, was introduced to Zakir Khan by a friend in October 2023. Zakir claimed to own a Dubai-based foreign currency trading business and promised high returns on investments. He convinced several local residents of Govandi to invest crores in his company, assuring them that all transactions were legal and profitable. Trusting Zakir, the complainant initially invested ₹10 lakh through Zakir and Ayesha.
To monitor the investment, the complainant was given access to a mobile application, which initially displayed substantial returns. However, when he attempted to withdraw funds in October 2024 to meet financial needs, he was told about technical issues. By November, all data from the app had been deleted. Zakir initially assured the complainant that he had all the investor records but soon stopped responding to calls.
Between October 2023 and November 2024, the complainant made a total investment of ₹13.6 lakh. Police investigations revealed that Zakir and Ayesha had defrauded 33 investors, collectively embezzling ₹2.09 crore. Following this, a complaint was lodged at the Shivaji Nagar police station. The investigation is ongoing.
