The Kaduthuruthy police in Kerala have arrested two individuals, Muhammed Minaj and Shamnad, for allegedly defrauding a Christian priest of Rs1.5 crore under the guise of online trading.
The duo, both from Thamarassery in Kozhikode, were found to be part of a larger North India-based online fraud syndicate. According to the police, they convinced the priest to invest in an online trading scheme that promised high returns.
The investigation revealed that the fraudsters used fake trading platforms to lure victims, including the priest, into transferring large sums of money. The priest was led to believe that he was making profits, but in reality, the scammers were simply siphoning off the funds.
The arrests were made after the priest filed a complaint, and police traced the suspects to their location. Authorities are continuing to investigate the syndicate’s operations and have warned the public to be cautious when engaging in online trading schemes.
