New Delhi: The Madhya Pradesh Special Task Force (STF) has secured a Red Corner Notice from Interpol against investment scam accused Lavish Chaudhary (also known as Nawab), marking a major international step in the investigation. Authorities allege that Chaudhary and his network defrauded investors across several states of approximately ₹3200 crore through AI-based forex trading and multi-level marketing schemes. The STF is now pushing forward with extradition proceedings to bring him back from Dubai.
Investigative agencies stated that a Blue Corner Notice was initially issued to gather information about Chaudhary’s possible location and activities. After collecting strong evidence, the Red Corner Notice was issued, which is considered one of the strongest global alerts for arresting a fugitive. Once issued, the notice enables authorities to track the accused across more than 190 countries.
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The STF has also filed a formal extradition application before a special court in Indore. After court approval, case-related documents will be forwarded through the state government to the Union Ministry of Home Affairs and the Ministry of External Affairs. Subsequently, negotiations will be initiated with the United Arab Emirates (UAE) authorities regarding the handover of the accused. Officials estimate that the extradition process may take three to four months if no legal obstacles arise.
It has also been revealed that several documents related to the case are in Hindi, requiring translation for presentation before international courts. Since judicial proceedings in the UAE are conducted in Arabic, around 200 crucial documents are being translated into Arabic and English to ensure smooth legal processing.
During the investigation, the STF has detained around ten individuals linked to the scam, including some company-level directors. Search operations were conducted in Delhi, Rajasthan, and Uttar Pradesh at locations associated with the accused network. Investigators have frozen assets worth more than ₹260 crore, including bank accounts and certain real estate properties.
The case is reportedly connected to an AI-based forex trading platform that allegedly lured investors by promising high returns. Victims were reportedly assured monthly returns of 20 percent or more, leading many people to invest their life savings into the scheme. Complaints began emerging after payments were stopped and the company’s operations came under scrutiny.
The STF has stated that bringing the main conspirator to India through international cooperation remains the primary objective to advance the judicial process. Investigators are also examining the accused’s financial network, foreign transactions, and cryptocurrency dealings to identify other possible collaborators in the scheme.
The case has also triggered renewed warnings about digital fraud networks operating under the guise of investment opportunities. Authorities are urging people to avoid investing in schemes promising unrealistic high returns without proper verification, as such platforms carry a significant risk of financial fraud.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
