Thrissur Rural, Kerala: Thrissur Rural Cyber Police arrested a 23-year-old youth from Kasaragod for allegedly transferring cyber fraud money to the main accused in an online share trading scam involving ₹1.08 crore.
The accused, Muhammed Shamil of Churithadka in Kasaragod, was arrested under the direction of Thrissur Rural District Police Chief B. Krishnakumar, IPS. According to police, the fraud gang deceived a resident of Chalakudy Pariyaram by posing as a trading company named “Barrick Gold Capital (BGC)” and gained his trust through Facebook, WhatsApp, and Telegram.
Police stated that the complainant was persuaded to install a trading wallet application and transferred ₹1,08,78,935 in multiple transactions between November 2024 and February 2025. The victim later realized it was a fraud after being unable to withdraw the promised profits and filed a complaint at Irinjalakuda Cyber Police Station.
Investigation revealed that around ₹4.5 lakh from the fraud amount had reached Shamil’s IDFC bank account. Police alleged that he withdrew the money using ATM cards and cheques and handed it over to the main fraud gang in exchange for commission.
The investigation team included Inspector Ashraf A., Sub-Inspector Justin K.V., and other cyber police personnel. The accused was produced before the court and remanded to judicial custody.
