Kerala man arrested over alleged involvement in online investment scam

Mangaluru: The Mangaluru police have arrested a man from Thrissur in Kerala for his alleged involvement in cheating a resident of Rs 10.32 lakh in a online investment scam.

Commissioner of Police Anupam Agrawal said that the arrested is KS Nidhin Kumar, a resident of Thrissur district.

A case was registered in the Cyber Economic and Narcotic (CEN) Crime station in 2024, in which a man had lost Rs 10.32 lakh to fraudsters, who promised good returns for investment in the share market.

The police who took up the investigation of the case, went through the trail of fund transfer to different accounts and noticed that Rs 1 lakh had come to the account of Kumar. The amount was the commission Kumar reportedly received for the transfer of Rs 10.32 lakh to different accounts.

The CEN police arrested Kumar and produced him before the jurisdictional magistrate, who remanded him in 15 days judicial custody. The investigation is on for other accused involved in the case.