The Thiruvananthapuram City Cyber Crime Police has arrested a native of Gujarat in connection with a cyber scam in which a city doctor was duped of ₹1.11 million on the promise of high returns from stock trading.
Police identified the accused as Parmar Prateek Bipinbhai (25) of Bapunagar in Ahmedabad. He was accused of converting the fraudulently obtained money into cryptocurrencies and wallets, in addition to diverting it to other digital accounts and later allegedly routing it abroad.
Investigations revealed that the accused communicated with the complainant through mobile applications – WhatsApp and Telegram – and allegedly offered fraudulent investment opportunities. The complainant followed the instructions of the accused and transferred the money through multiple bank transactions.
Bank records confirmed that ₹1.11 million was transferred from the doctor’s account to the suspect’s account, which police said was created specifically to carry out such illegal activities. Subsequently, the police traced the accused to Ahmedabad and took him into custody.
The accused was produced before the Additional Chief Magistrate’s Court in Thiruvananthapuram and remanded in judicial custody. This is the third arrest that has been made in connection with the case.
Published – 05 Dec 2025 21:36 IST
