In a major development in the online fraud case where a businessman from the city lost Rs 25 crore, Kochi City Police have made their first arrest. The accused, identified as Sujitha G, 38, from Kollam, was apprehended by a special investigation team led by Thrikkakara Assistant Commissioner Shiju P S, following the directive of Commissioner Putta Vimaladitya.
According to Cyber Police officials, Sujitha had been under surveillance for several days before being taken into custody. She was interrogated and later remanded to judicial custody on Tuesday night.
“During interrogation, backed by supporting evidence, she admitted to her role. The preliminary probe further revealed that funds deposited in her accounts were routed to overseas accounts with her assistance, for which she received a commission,” a senior police officer said.
The case was registered by Kochi Cyber Police on September 1 after a 49-year-old businessman from Elamkulam reported losing money through an online trading platform called Capitalix. The victim said he was initially contacted by a Malayalam-speaking man who introduced himself as Daniel.
They held multiple conversations about stock trading, gradually building trust. Believing the scheme to be genuine, the businessman transferred a total of Rs 24.76 crore to several bank accounts. The fraud came to light when he tried to sell the shares and discovered that the trading platform was fake.
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