ED Seizes Dawood Ibrahim’s Brother Iqbal Kaskar’s Property In Money Laundering Case

The Enforcement Directorate (ED) has seized a property belonging to Iqbal Kaskar, the younger brother of notorious underworld don Dawood Ibrahim, in a significant development in an ongoing investigation. The ED temporarily attached the flat, located in Neopolis Tower, Thane, in 2022.

This action is part of the ED’s probe into an extortion case dating back to 2017, which the Thane Police originally filed through its Anti-Extortion Cell.

ED’s Probe Into Extortion Case

The Thane Police registered an FIR in 2017, which prompted the ED to launch an investigation. According to the ED, Kaskar and his associates, including Mumtaz Sheikh and Israr Saeed, acquired the seized flat using extorted money.

Investigations revealed that they used their criminal influence, linked to the notorious Dawood Ibrahim gang, to extort large sums from a real estate builder.

The accused allegedly forced builder Suresh Mehta and his firm to hand over property and cash. In a bold move, Kaskar and his associates used fake cheques worth Rs 10 lakh to procure flats, which they later cashed.

This fraudulent activity enabled them to secure a flat, currently valued at Rs 75 lakh, registered under the name of Mumtaz Sheikh.

Iqbal Kaskar’s Criminal Background

Iqbal Kaskar has been under the radar of Indian authorities for his involvement in extortion, money laundering, and real estate-related crimes. Kaskar, the younger sibling of Dawood Ibrahim, is believed to have managed and operated his brother’s criminal activities in India. He has faced multiple arrests by Indian agencies over the years.

ED Chargesheet and Ongoing Investigation

In 2022, the ED filed a chargesheet under the Prevention of Money Laundering Act (PMLA) against Kaskar and his associates. The chargesheet outlines severe allegations, including extortion.

The UAE deported Iqbal Kaskar in 2003, and authorities suspect him of playing a crucial role in managing his brother’s criminal empire within India.

With the seizure of this property, the ED continues its efforts to dismantle the financial network linked to the Dawood Ibrahim gang, targeting assets gained through illicit means.

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