LUCC Scam Accused Shabab Hussain Faces New ₹4.44 Cr Cheque Bounce Case

India
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CNBC TV18•23-12-2025, 16:57
LUCC Scam Accused Shabab Hussain Faces New ₹4.44 Cr Cheque Bounce Case
- •Shabab Hussain, central figure in the LUCC scam, now faces a ₹4.44 crore cheque bounce case.
- •Girgaon court summoned Hussain and Myfledge Private Limited directors for February 4, 2026.
- •The new case involves an aviation training company, Myfledge, with actor Aayush Shah alleging fraud and forgery.
- •The 2019 LUCC scam froze over ₹1,500 crore from thousands of depositors across Uttarakhand.
- •Oshiwara Police to submit FIR details; CBI also investigating the primary LUCC fraud.
Why It Matters: LUCC scam accused Shabab Hussain faces intensified legal scrutiny with a new ₹4.44 crore cheque bounce case.
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