Economy

Four Arrested in Thiruvananthapuram Man's ₹37-Lakh Investment Fraud

The Hindu2h
THE BRIEF
1

The Thrikkakara police arrested four individuals for allegedly cheating a Thiruvananthapuram native of ₹37 lakh by promising five-fold returns on frozen food exports.

2

The suspects include Sunilkumar, Anilkumar alias Nithyachaithanya Swamy, Latha Nair, and Sindhu Dileepkumar, with Ms Nair being a convict in a sexual abuse case.

3

Police registered the arrests following allegations that the group lured the complainant into a fraudulent investment scheme for a company exporting frozen food.