Home » Fathima Sumayya Arrested for ₹5.2 Crore Investment Scam in Kozhikode

Fathima Sumayya Arrested for ₹5.2 Crore Investment Scam in Kozhikode

Accused Swindled Money by Promising Stock Market Returns

by Ananya Mehta

Fathima Sumayya (25), one of the key suspects in a massive Rs5.2 crore swindling case, was arrested at Bengaluru airport as she attempted to flee the country. Her husband, Faisal Babu, the main accused in the fraudulent scheme, remains at large.

The couple, hailing from Vakkallur in Malappuram district, allegedly swindled the victim by convincing him to invest in the stock market. From October 2023, they convinced the Kozhikode resident to part with his money in instalments, promising substantial profits. However, when the victim sought the return of his investment along with the supposed profits, he was unable to contact the couple. This led him to file a complaint with the Pantheerankavu police in Kozhikode.

Fathima Sumayya was arrested in connection with the case, while authorities continue to search for her husband, Faisal Babu, who is said to have masterminded the fraud. The couple’s fraudulent activities are believed to be part of a larger financial scam that preyed on unsuspecting investors with false promises of lucrative returns.

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