The Enforcement Directorate (ED) has called Youth Congress leader Mohammed Nalapad for a second round of questioning amid its ongoing investigation into a large-scale bitcoin fraud and alleged money laundering. Nalapad, son of Karnataka MLA N. A. Harris, was summoned after missing the initial interrogation citing political commitments.
Authorities have linked Nalapad to Srikrishna Ramesh, known as "Sriki," the alleged mastermind behind the bitcoin scam. Sriki is currently in ED custody, and information obtained during his questioning suggests regular communication and possible financial transactions between him and Nalapad. Investigators are examining claims that Nalapad arranged luxury accommodations to support Sriki’s activities.
Prior to the summons, the ED conducted coordinated raids over several days targeting Nalapad, senior Congress leader Rahim Khan, and other associates. These operations yielded digital evidence and important documents believed to contribute to the case.
The bitcoin scam case has drawn significant attention in Karnataka, involving allegations of cybercrime, cryptocurrency fraud, and money laundering with possible ties to prominent political figures. The probe expanded after reports circulated alleging that Sriki benefited from the protection of influential individuals, including sons of politicians.
With the ED now intensifying its scrutiny of Nalapad, any concrete proof of his involvement in illicit financial dealings with Sriki could prompt more stringent legal actions, including custodial interrogation. The development also casts a shadow over MLA N. A. Harris’s political ambitions, given his son’s entanglement in the investigation.