PATHANAMTHITTA: The court has attached the head office of the Popular Finance in a financial fraud case. The sub-court’s action was on the plea filed by one of the investors Suresh K V, a native of Adoor. The plea mentioned that finance fraud happened in the company and he demanded protection for his investment.

The property cannot be handed over till the plea is settled. The complaints were raised after the company failed to return the investor’s money after the said duration. When hundreds of complaints were raised, the company’s managing partner Thomas Daniel, company’s partner and his wife Prabha Daniel absconded.

The first case against company’s partner and managing partner was registered in Konni police station on charges of cheating. On the course of investigation it was found that the company has to return money to more than 1600 investors in and out of India. So far the police has recorded the statement of 100 investors.