Archive · 30 Jun 2025
AP Man Arrested for Rs 1.64 Crore Online Trading Scam
A man from Andhra Pradesh was arrested for tricking a person from Kottayam out of a lot of money.
He promised the victim big profits if they invested in online stocks.
The man sent a large sum of money, but when he tried to get the profits, he realized he had been scammed.
Police investigated and arrested the man.
A 33-year-old man from Andhra Pradesh was arrested.
He is accused of duping a Kottayam resident of Rs 1.64 crore.
The crime occurred between April 28 and May 20 this year.
The victim was promised large profits through online share trading.
The accused was arrested in Visakhapatnam.
- Who
- Ramesh Vellamkula, the accused, and a native from Kottayam, the victim.
- What
- A man was arrested for duping a Kottayam resident of Rs 1.64 crore.
- When
- The crime occurred between April 28 and May 20 this year.
- Where
- Kottayam, Kerala, and Visakhapatnam, Andhra Pradesh.
- Why
- The scammer aimed to steal money through fraudulent online share trading.
- Accused
- Ramesh Vellamkula
- Age of Accused
- 33
- Victim Location
- Kottayam, Kerala
- Amount Stolen
- Rs 1.64 crore
- Method
- Online share trading
- Location of Arrest
- Visakhapatnam
