Kochi Woman Arrested in ₹25 Crore Cyber Fraud Case

rapid Summary

• A Kochi businessperson reportedly lost ₹24.76 crore in one of kerala’s largest cyber fraud cases.
• The alleged scam took place over two years, between March 2023 and August 2025.
• Sujitha G., a 38-year-old woman from Thiruvananthapuram, was arrested by the Kochi Cyber Crime Police on September 16, 2025.
• Investigators identified her involvement through bank accounts used in around 90 transactions involving 26 accounts.
• Police suspect she may either belong to a larger fraud network or possibly sold her account to perpetrators.
• The scam involved convincing the victim via phone and chat to invest in stock trading on a fraudulent website promising high returns. Initially fake returns were displayed; later, neither profits nor original investments could be withdrawn.
• An FIR under Sections 418(4) (cheating) and 406(2) (criminal breach of trust) of the Bharatiya Nyaya Sanhita was filed on September 1, based on the victim’s complaint.

Indian Opinion Analysis

The arrest marks an important milestone in tackling what appears to be among Kerala’s most notable cyber fraud cases both financially and operationally. With ₹24.76 crore siphoned off over two years through meticulously executed schemes like fraudulent stock trading platforms, this incident highlights growing challenges for India’s digital security frameworks amid increasing reliance on online financial operations.

While the inquiry progresses, it underscores critical gaps-such as weak cybersecurity awareness among individuals and inadequate safeguards against complex scams exploiting banking systems. If part of a larger network is uncovered as suspected by police, this case could provide insights into these criminal apparatuses that are exploiting trust-heavy domains like digital investment platforms.

For businesses relying on online transactions or budding investors drawn by lucrative promises online-a cautionary tale emerges about verifying sources before financial engagement and advocating for robust regulatory oversight mechanisms capable of preemptively identifying such threats.

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