Fraud case against ‘Total 4U’ accused Sabarinath, lawyer lodges complaint

THIRUVANANTHAPURAM: Another fraud case has been filed against Sabarinath, accused in the Total4U case. The complaint is that he embezzled Rs 34 lakh from a lawyer. The Vanchiyoor police have registered a case in the incident. The complaint is that he cheated by taking money for online trading.

Sabarinath had started an e-commerce company. The complaint says that he embezzled Rs 34,33,000 from him and his friend several times in the name of e-trading.

The proceedings are still ongoing in the cases where Sabarinath accepted crores of rupees as deposits through fraudulent investment schemes in ‘Total4U’. Some cases have been stayed. Sabarinath, who was in his 20s at the time, committed a huge fraud by taking advantage of the greed of Malayalees. Sabarinath's office was located in a multi-storey building opposite the Secretariat. Sabarinath's victims included businessmen with assets worth crores, government employees and financially distressed people. Sabarinath won the trust of investors by returning Rs 2 lakh to those who had deposited Rs one lakh after three months.

A police investigation revealed that his company had collected Rs 200 crore in two years. Sabarinath, who was on the run during investigation, was arrested by the police from Tamil Nadu. He was a prisoner from 2008 to 2011. He was released on bail in 2011 and fled again. He later surrendered in 2014. In the meantime, he was also accused in a case of sexually abusing a minor girl.