7 months ago
2
The Central Crime Branch (CCB) constabulary person arrested 2 persons, including a erstwhile slope manager, successful transportation with an online trading scam successful which a Chennai-based businessman was cheated of astir ₹1.43 crore.
According to the police, Karthik, 36, a concern nonrecreational from Perungudi, came crossed an online concern advertisement connected societal media successful March. After contacting the fig mentioned, helium was added to a WhatsApp radical tally by the accused persons.
They lured him into downloading a fake concern app, promising precocious returns for his investments. Believing their claims, Karthik transferred a full of ₹1,43,06,211 implicit aggregate transactions to assorted slope accounts provided by the accused.
Initially, the app displayed fake profits and returns to summation his trust. However, erstwhile Karthik attempted to retreat his money, the accused made excuses and demanded further payments. Realising helium had been cheated, helium lodged a ailment with the Commissioner of Police.
Following the complaint, a lawsuit was registered by the Cyber Crime Wing of the CCB, and an probe was launched. During the probe, constabulary traced the wealth way to Surya Srinivas, 50, proprietor of Surya Exports and Imports successful Nungambakkam. He was arrested, and during questioning, helium revealed that Seshadri Ethiraj, 43, erstwhile manager of Kotak Mahindra Bank’s Ekkattuthangal branch, was the mastermind down the scam.
Both the accused were aboriginal produced earlier the tribunal and remanded to judicial custody.
