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ED arrested a man from Kerala who is allegedly involved in Morris Coin scam

Abdul Gafoor, a native of Malappuram, Kerala has been arrested by the Enforcement Directorate for his alleged involvement in siphoning off funds in the Rs 1,200 crore Morris Coin scam.

Abdul Gafoor, the arrested suspect, is a Malappuram native, and the ED has remanded him in judicial custody by a Prevention of Money Laundering Act (PMLA) court in Kozhikode. The ED will also file a motion in court later today to obtain Gafoor's custody for interrogation. Abdul Gafoor is the director of Stox Global Brokers, a Malappuram-based shell company. The shell company is linked to Morris Coin and is accused of taking money from people duped by fake crypto investment offers and depositing it in shell companies.

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