ED Conducts Raids on Sons of Karnataka Congress MLA in Crypto Money Laundering Investigation

Enforcement Directorate Targets MLA's Sons in Bengaluru

Bengaluru: On Monday, the Enforcement Directorate (ED) executed searches at the residences of two sons of Karnataka Congress MLA N A Haris, along with several other locations, as part of an investigation into a money laundering case linked to cryptocurrency, according to officials.

Approximately a dozen locations across the city are being scrutinized under the Prevention of Money Laundering Act (PMLA). The searches involve the properties of Mohammed Haris Nalapad and Omar Farook Nalapad, as well as an individual identified as Srikrishna Ramesh, also known as Sriki, who is accused of being a crypto hacker.

N. A. Haris represents the Shantinagar Assembly constituency in Bengaluru as a Congress member.

This money laundering investigation is rooted in FIRs and charges filed by the Karnataka Police related to a 2017 incident involving the hacking of both national and international websites, where bitcoins were allegedly stolen by Sriki and his associates.

Officials claim that Mohammed Haris Nalapad and Omar Farook Nalapad are suspected beneficiaries of the illicit gains generated from this cryptocurrency-related crime.