Main accused in Rs 41 lakh online scam arrested in Wayanad

Kannur police have arrested Adarsh ​​Kumar, a 24-year-old from Kodagu, Karnataka, for his involvement in an online money fraud case. Adarsh ​​is accused of cheating a Pallikkunnu native of Rs 41 lakhs by persuading him to invest in the New York Stock Exchange and foreign exchange trading through his alleged Chicago-based firm.

Initially, Adarsh ​​gained the plaintiff’s trust by doubling his investment. However, when the plaintiff tried to withdraw the additional investments, he was unable to do so, which prompted him to report the fraud to the police.

The investigation led by CI Sreejith Koderi and a cyber police team tracked Adarsh's movements and financial transactions and finally located him in Kattikkulam, Wayanad where he was arrested. The arresting team included SI PP Shameel, Pradeepan, ASI Rajesh and CPO Vinil.

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