ED busts drug, money laundering network linked to Dawood Ibrahim
The Enforcement Directorate (ED) just raided nine places in Mumbai, cracking down on a drug and money laundering network allegedly linked to underworld figure Dawood Ibrahim.
The main targets, Faisal Javed Shaikh and Alfiya Faisal Shaikh, are accused of sourcing synthetic drugs like mephedrone from infamous dealer Salim Dola and moving illegal money.
Raids uncover luxury vehicles, cash, and digital devices
During the raids, officials seized ₹42 lakh in cash, three second-hand luxury vehicles including two BMWs, property papers, and digital devices.
They also froze a bank locker and several accounts believed to hold laundered money.
The investigation, which began with the Narcotics Control Bureau (NCB), has uncovered shell companies and suspicious transactions over ₹100 crore.
Authorities are now digging into money flows through hawala and shady trade deals, as they try to map out deeper links to Dawood's network.
Faisal Shaikh remains in detention as the probe continues.