Two men, Gyari Das (67) from Mayyanad, Kollam, and Santhosh Kumar (57) from Chittethukara, were arrested by the Ernakulam Town North police on Tuesday in connection with an online fraud case.
The duo allegedly swindled Rs7.10 lakh from a woman residing in Kaloor by enticing her with promises of large returns through an investment scheme. They convinced her to invest in what they called the “trade profit fund” of a company named Machthaber Inferno Private Limited. Following their instructions, the victim transferred the amount to multiple bank accounts.
Their fraudulent activity came to light, leading to their arrest and further investigations.