The cyber crime wing of Avadi City Police has apprehended 34-year-old K. Murali Mohan from Hosur for allegedly defrauding multiple victims by soliciting investments under the guise of a high-return online trading scheme.
The arrest followed a complaint by 38-year-old Sangeetha from Putlur, who had invested Rs45 lakh in what she believed to be a legitimate venture. Murali, hailing from Moranapalli near Hosur, had contacted Sangeetha via WhatsApp, posing as a broker for a platform called ‘Cabana Capital’. He assured her of substantial returns, but after the investment, Sangeetha received neither the expected profits nor the principal.
Investigations led to Murali’s identification after police analyzed digital evidence and financial transactions associated with the fraudulent scheme. The investigation is ongoing, as authorities believe there may be additional victims.
