In a shocking case of betrayal and online fraud, 37-year-old bank manager J Robert Kim lost Rs88 lakh in an alleged investment scam masterminded by his close friend V Rajasekar, 28. The incident unfolded in Muthialpet, where police have arrested Rajasekar and are on the lookout for two women suspected to be involved, including a woman named Pavithra.
The scam began in February 2023, when Rajasekar convinced Kim to invest in a finance firm supposedly run by his associate, Dhinakaran. To gain his trust, Rajasekar returned the initial investment of Rs4 lakh along with an additional Rs1 lakh as “profit.” This early payout prompted Kim to invest a total ofRs₹88 lakh over several transactions.
Kim transferred the money to accounts owned by Rajasekar and Pavithra, expecting high returns. However, the payments soon stopped, and Rajasekar became unreachable.
Realizing he had been duped, Kim filed a complaint with the Muthialpet police, who acted swiftly and arrested Rajasekar. Authorities have launched a search for the two female accomplices suspected of facilitating the scam.
Investigations are ongoing, and police are working to trace the financial trail and recover the defrauded amount.
