Nearly 1000 complaints, carried out massive transactions worth 450 crore; Ananthu Krishnan has 19 bank accounts

KOTTAYAM: The police have uncovered the bank details of Ananthu Krishnan, the prime accused who swindled crores of money from numerous people by promising scooters, sewing machines, and laptops at half price. The investigating officials found that Ananthu has 19 bank accounts in his name. According to preliminary information, the accused has carried out transactions worth Rs 450 crore through these accounts. Ananthu used Rs 2 crore to purchase land. He also bought land in the name of his sister and her husband. Authorities also suspect that a portion of the swindled money was transferred abroad.

Following the exposure of the scam, Ananthu allegedly attempted to flee the country, the police said. The Enforcement Directorate (ED) also gathered preliminary information related to the case. Nearly 1,000 complaints have been filed in Idukki alone. 21 cases have been registered so far. The Mananthavady police in Wayanad have received numerous complaints, including one signed by 103 people. Complaints have been filed against both the Parathottam Farmers Development Committee and Ananthu Krishnan. Widespread fraud took place in different parts of Thrissur district, including Anthikad. Ananthu is not cooperating with the interrogation.

Authorities believe that Ananthu used his political connections as a shield to carry out the fraud. By sharing photos on social media with leaders ranging from Prime Minister Narendra Modi to panchayat presidents and showcasing his close connections with political figures, he deceived people, including women. He has known connections with BJP leader A.N. Radhakrishnan and Congress leader Laly Vincent. Ananthu also invited political leaders to inaugurate his events under the pretence of social welfare programs. Investigations are ongoing to determine whether any political leaders were directly involved in the fraud.