A multi-crore fraud scheme in Kerala has come to light, involving a retired High Court judge and a 26-year-old con artist. The scam, which promised scooters and laptops at half price, was reportedly facilitated by a network of NGOs and endorsed by various politicians, including members of the BJP. Investigations reveal that the scheme operated similarly to a Ponzi scheme, misleading thousands of Keralites. The judge has been named as the third accused in the case, which has attracted significant media attention in the region. Reports indicate that the scam has left many victims without their savings, raising concerns about the involvement of public officials and the integrity of the initiative.
A Ponzi scheme, disguised as a government initiative, was endorsed by politicians and even police officers! And thousands of Keralites fell for it. Here’s how one young con artist and biz man pulled off the scam. Read @HarithaMaanav story https://t.co/DQg6D8IPLb
What is the half-price ‘scam’ in Kerala? Aneesa PA @aneesa_pa has more on this in #ThePrintAM Spotify:https://t.co/eBfJ69co1Y Apple:https://t.co/mfFuNnyRR0 JioSaavn:https://t.co/hjrJ4M5ATY Amazon:https://t.co/Dkjk5uCSUF https://t.co/pU7VDqJRXn
How a con artist, a biz man and a ‘half-price’ scheme swindled thousands in Kerala https://t.co/D5haXXkv7O