The police team investigating cyber fraud in which a pharmaceutical entrepreneur based in Kochi was reportedly deceived from the 24.76 GBP Crore arrested a woman in connection with the incident.
Sujitha. G., a native of Kollam, was arrested on Tuesday by Kochi Cyber Police for alleged help fraudsters to wash the money that illegally received from a complainant promising higher revenues from online trading.
This is the first arrest in fraud, which is said to be one of the largest cyber fraud reported in the state in terms of the volume of the relevant money. The woman remained late in Aluva, the police source said.
The police forced a woman to explore the bank accounts allegedly used for transactions. The complainant lost money in approximately 90 transactions through more than 20 bank accounts. One of the accounts was opened at the Palaarivattom branch by the leading bank named Sujitha. During the investigation, the police found that the money stored in the account was transferred abroad using a woman and she received a commission for an unlawful act, the police said. The woman was transported.
The alleged fraud occurred over the course of two years, between March 2023 and August 2025. The police registered the first information report (companies) 1 September 2025 on a complaint filed with a pharmaceutical business.
According to the company, the accused contacted the victim on the phone and talked and convinced him to be involved in shares trading through the website promising high returns. The victim reportedly continued to invest because high revenues appeared on his account on his account. However, he realized that he was deceived when he could not withdraw “returns” or his original investment. The companies were registered according to sections 418 (4) (cheating) and 406 (2) (criminal violations of confidence) Bharatiya Nyaya Sanhita.
Published – 17 September 2025 9:18
