Home » Two Arrested in ₹96-Crore Fraud at Angamaly Urban Cooperative Society

Two Arrested in ₹96-Crore Fraud at Angamaly Urban Cooperative Society

Crime Branch nabs two former directors in ₹96-crore scam

by Ananya Mehta

The Crime Branch investigating the Rs96-crore fraud at the Angamaly Urban Cooperative Society has arrested two more individuals linked to the scandal. The arrested suspects are T.P. George from Kalady and Sebastian Madan from Manjapra, both of whom were board members of the cooperative.

The arrests were made by Roy Varghese, Deputy Superintendent of Police at Thripunithura Crime Branch. According to authorities, several other members of the board are reportedly absconding, and further arrests are expected as the investigation continues.

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