Pathanamthitta: Police arrested three family members for allegedly embezzling investments worth millions through a private finance company in Pathanamthitta. The investigation team arrested the owner of PRD Mini Nidhi Limited D Anilkumar (59), his wife DS Deepa (52) and his son Anandu Vishnu (28) at their flat in Ernakulam.
Another son Anandu Krishna is also named as a defendant in the case. The case was registered based on the complaint filed by Athira Omanakuttan from Thottapuzhassery on November 3. According to the complaint, Rs 5,40,000 was deposited in the business enterprise within the period between November 15, 2017 and June 29, 2022. However, the principal amount or interest could not be withdrawn even after the maturity of the deposit.
The police carried out a detailed investigation of the amount deposited and the bank accounts. The manual noted that the right of ownership of the bank belongs to Anilkumar, while the others are members of the company.
The defendants ran the financial company under numerous false names and received investments by offering attractive interest rates. The scam continued without returning the money to the investors. Several other similar cases are said to have been brought against the accused in numerous police stations and other districts. As many as 32 cases have been recorded at Koipuram Police Station alone.
The police seized the mobile phones of the defendants and resorted to using a cyber cell for a thorough examination. The accused confessed to the crime after extensive questioning.
It was revealed that the license holder of the business was Anilkumar and he did not possess the license issued by the Reserve Bank of India to carry on banking business.