In a significant cyber fraud case, a 54-year-old school teacher from West Bengal was arrested by the Kerala Police. The fraud involved impersonating an officer from a raw materials supplier company. The fraudster convinced the victim, a Kochi-based company, to transfer over ₹1 crore to bank accounts linked to the accused.
The fraudster used multiple debit cards and bank accounts to conduct the transactions, leading the company to lose a substantial amount. Authorities have tracked down the teacher after detailed forensic analysis, and efforts are now underway to trace other accomplices involved in the scam. This case highlights the growing menace of cyber fraud targeting businesses in Kerala.