Two Arrested for Swindling Over Rs 1.41 Crore from Priest in Online Trading Fraud”

In a significant breakthrough, police arrested two individuals for swindling over Rs 1.41 crore from a priest through an online trading fraud at Kaduthuruthy. The arrests were made by a special cyber police team on Friday.

The accused, Mohammed Javed Ansari (35), a resident of Maharashtra, and Ajmal K (25), from Kozhikode, were apprehended in connection with the case. According to the police, Ansari initially contacted the priest, who had an interest in share trading, through a social media platform. He persuaded the priest to download a mobile app for trading shares.

Initially, the priest saw some profits through the app, which led to more investments. Ansari continued to convince the priest to transfer larger sums, promising even greater returns. Over time, the priest transferred a total of Rs 1,41,86,385 to various accounts, believing he was making sound investments.

However, when the priest did not receive either the promised profits or his original investment back, he filed a police complaint. This led to the arrest of both accused individuals. The cyber police are continuing their investigation into the scam, aiming to uncover the full extent of the fraudulent operation.

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