Archive · 6 Jun 2025
Depositors Allege Police Inaction in Farmfed Fraud Case
Imagine a group of people put their money into a special savings plan called Farmfed, but it looks like the people in charge might have taken the money without permission.
Now, the people who lost money are upset because they reported it to the police, but the police didn't seem to want to do anything about it at first.
Only a few of the complaints got the police's attention, even though lots of people lost money.
Some of the people in charge are arrested, but others are missing.
Those arrested made a group to reach out to the ones who have not complained yet, urging them to stay quiet, while they figure things out.
The people who lost money say the police told them they won't get their money back.
So now, these people are frustrated with the police and the people who might have stolen their money.
Depositors allege police reluctance to register FIRs in the Farmfed fraud case.
Only six FIRs have been registered out of more than 20 complaints.
The accused created a WhatsApp group urging depositors to avoid legal action.
Farmfed chairman and managing director have been arrested.
Other accused, including branch manager, are still absconding.
- Who
- Depositors, Museum police, Farmfed officials (Rajesh Chandran Pillai, Akhil Francis), and other accused.
- What
- Depositors allege police inaction in the Farmfed deposit fraud case.
- When
- The first FIR was registered on May 16th; depositors have been complaining since March.
- Where
- Thiruvananthapuram, at the Museum police station and various Farmfed branches.
- Why
- Depositors believe police are delaying action, potentially to allow accused to settle the issue.
Police/Accused
Depositors
Investigation Action
Police/Accused
Police registered six FIRs and have arrested two individuals.
Depositors
Complainants allege that police were reluctant to register FIRs and investigate the case thoroughly.
Accused's Actions
Police/Accused
The accused are seeking cooperation from depositors to resolve the issue.
Depositors
Accused allegedly formed a WhatsApp group to dissuade depositors from taking legal action.
- Fraud Case
- Farmfed (Southern Green Farming and Marketing Multi-State Cooperative Society)
- Complaints Filed
- More than 20
- FIRs Registered
- Six
- Accused Arrested
- Rajesh Chandran Pillai, Akhil Francis
- Accused Absconding
- Manager of Sasthamangalam branch, marketing head, territory manager, and five agents