Thiruvananthapuram, Oct 3 (PTI) Police said they arrested a key member of a racket that allegedly swindled over Rs 3.43 crore from a doctor in Ulloor here in an online investment scam on Friday.

The arrested individual, Dhanush Narayanaswamy, a Bengaluru native, was taken into custody there on September 29.

He was brought to Kerala on September 30 and later remanded by the Thiruvananthapuram Additional Chief Judicial Magistrate Court. Show Full Article

According to police, the gang’s modus operandi involved winning the victim’s trust by luring him into online investments promising high returns.

Once convinced, the victim transferred substantial sums, which the gang converted into cryptocurrency and transferred abroad.

The victim lodged a complaint after realising he had been cheated.

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