Kodagu Native Arrested in Wayanad, Kerala for Key Role in Online Fraud Case

Adarsh is accused of swindling ₹41 lakh from a Pallikkunnu resident by falsely claiming to invest in the New York Stock Exchange and Forex Trading.

Kannur, Kerala: The Kannur police have arrested 24-year-old Adarsh Kumar, a native of Virajpet, Kodagu, Karnataka, in connection with a major online money fraud case. Adarsh is accused of swindling ₹41 lakh from a Pallikkunnu resident by falsely claiming to invest in the New York Stock Exchange and Forex Trading.

According to an Onmanorama report, Adarsh Kumar lured the victim by initially delivering double the returns on the investment, thereby gaining his trust. He further convinced the complainant that he managed a firm in Chicago that handled online share trading. Enticed by the prospect of high returns, the complainant invested more money. However, trouble arose when he was unable to withdraw his invested funds. Realising he had been duped, the complainant lodged a formal complaint with the police.

The Kerala Cyber Police, after tracking Adarsh's location and the accounts used for transferring money, coordinated with the investigation team to narrow down his whereabouts. He was eventually located in Wayanad and arrested from Kattikkulam.

To advertise on The Kodagu Express website, kindly give us a call or WhatsApp at 9108795369

Join The Kodagu Express WhatsApp Group: CLICK HERE 

Follow us on Instagram and X(Twitter)