One held for extorting money on promise of part time job in North Paravur

KOCHI: One person has been arrested in the case of extorting lakh after promising part time job via online. The arrested is Manoj Sreenivasan of Bengaluru Vidyarnapura Swagath Lay Out Sreenilayam. He extorted Rs 18 lakh from natives of Paravur. According to the preliminary investigation conducted by the cyber police under the leadership of Ernakulam Rural District Police Chief Dr Vaibhav Saxena, the information available is that a fraud of Rs 250 crore has been committed from around 45 accounts.

As part of part-time work, the complainants were promised income by liking YouTube and Rs 1,250 on investment of Rs 1,000. As a first step, small amount of money was exchanged as rewards and profits. Then after building trust, large amount of money will be invested. Their method is to cheat by receiving more amount in the name of GST and other taxes in order to get back the profit.

Ordinary people are made to take current accounts to commit the fraud. This account is managed by the accused and his team without their knowledge. The gang does this so that the investigation does not reach them if they are caught. About forty-five such accounts were acquired through fraud. Those who are offered jobs and are lured, deposit money. The investigation said more than Rs 250 crores were transferred through various accounts.

The group, which operates from China, regularly converts the money received through the account into cryptocurrency and sends it abroad. Bangalore City Cyber Police has cases against the accused.

Ernakulam Rural Cyber Police Station Inspector M B Latheef, sub inspector P G Anoop, ASI Renil Varghese, Senior CPOs Vikas Mani, Lijo Jose and Jerry Kuriakose were in the investigation team.