Three Arrested in Rs5 Crore Fraud at Karadka Agriculturist Welfare Cooperative Society

In a significant development, three persons have been arrested in connection with a fraud exceeding Rs5 crore at the Karadka Agriculturist Welfare Cooperative Society, which is allegedly controlled by the Communist Party of India .

The arrested individuals include Anilkumar, a resident of Kanhangad, Ahammed Basheer, a member of the Pallikara Grampanchayat, and Gafoor, a resident of Parakalai. The arrests were made by Inspector Sanjaya Kumar P C of the Adhur Police.

The Karadka Agriculturist Welfare Cooperative Society has been accused of defrauding the public of over Rs5 crore through fraudulent activities. The details of the scam have not been fully disclosed, but authorities are continuing their investigation into the alleged misappropriation of funds and the role of the arrested suspects.

The investigation, led by the Adhur Police, is focused on uncovering the full extent of the fraud and identifying any additional individuals involved. Authorities are also examining whether the cooperative’s political connections played a role in facilitating or masking the fraudulent activities.

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