In a significant crackdown on cyber fraud, the Mangaluru cyber crime police have arrested a man named Junaid A K, hailing from Kerala, in connection with a high-value online scam. Junaid was involved in a fraudulent scheme where a victim lost a total of Rs 46 lakh after investing in a share market scheme promoted by a stranger on WhatsApp, who promised substantial returns.
Upon investigating the case, authorities discovered that the money from the victim’s bank account was transferred to several accounts, including one belonging to Ayisha Hadiya of Kerala. The police further revealed that Rs 5 lakh transferred to Ayisha’s account was withdrawn by her husband, Junaid, and handed over to an individual named Manib under the direction of a person named Babu, based in Dubai.
Junaid was found to have received a commission of Rs 5,000 for facilitating the transaction. The police arrested him in connection with his involvement in this elaborate fraud scheme.
