Key Highlights
- Ganeshan, a resident of Payyannur.
- The accused allegedly gained the victim’s trust through WhatsApp, posing as a representative of an online share trading firm and persuaded him to invest money with assurances of high returns.
- According to the complainant, he transferred ₹97.40 lakh from two of his bank accounts in Payyannur to multiple bank accounts operated by the accused between July 3 and July 23, 2024.
- The money was allegedly siphoned off without providing any profits or returning the principal amount.
- After the case was registered, the Payyannur police handed over the investigation to the cyber cell.