Police arrested two men for swindling over Rs1.41 crore from a priest through an online trading scam in Kaduthuruthy. The arrested include 35-year-old Mohammed Javed Ansari, a Maharashtra native, and 25-year-old Ajmal K from Kozhikode.
Ansari initially contacted the priest, interested in share trading, via social media and convinced him to download a trading app. The priest earned some initial profits, which encouraged him to invest more money. Under promises of higher returns, the priest transferred Rs1,41,86,385 across multiple accounts on different occasions.
When the priest failed to recover his investment or profits, he filed a police complaint. During the investigation, police arrested Kozhikode-natives Shamnad and Mohammed Minhaj, who withdrew part of the stolen money from ATMs. Further inquiry revealed Ajmal’s involvement. Ajmal surrendered to Kaduthuruthy Police while a search for him was underway.
The cybercrime team identified Ansari as the mastermind behind the scheme and arrested him in Maharashtra. Both accused were sent to judicial custody as the probe continues.