Kerala Man Nabbed in Major WhatsApp Stock Fraud Case

The Mangaluru City Cyber Economic and Narcotics Crime Police have arrested a Kerala resident, Nidhin Kumar K S, in connection with a financial fraud executed via WhatsApp. The victim, enticed with promises of hefty stock market returns, lost Rs10.32 lakh. Efforts continue to apprehend other suspects.

The Mangaluru City Cyber Economic and Narcotics Crime Police have made a significant arrest in an online financial fraud case, linking it to a Kerala-based individual.

An unidentified scammer used WhatsApp to entrap the victim with assurances of lucrative stock market returns, leading to a loss of Rs10.32 lakh.

Investigations pinpointed Rs1 lakh being funneled into the account of Nidhin Kumar K S from Thrissur, Kerala, who allegedly distributed the stolen money across various accounts for a commission. Authorities continue to hunt for more involved parties.

(With inputs from agencies.)