KOCHI: Two have been arrested in the case of swindling crores in the name of money chain company. Benson and Joshi from Ernakulam were arrested in Kochi. The two promoters were arrested on the basis of a complaint lodged by a native of Vennala.

They accepted deposits from people in the name of Crowd One company registered in UAE in 2019. They swindled crores in the name of the company in two years. They testified that the entire amount was transferred to Bitcoin. Police said they have got hints about the two main accused in connection with the case.

The complainants alleged that a relative of a former minister also have a main role in the scam. They swindled money under the influence of it. The police found that the accused were leading an extravagant life with this money. Although the accused claim that the owner of the company is a Swedish national, many of the money transactions were held in Kerala.