Former Kerala High Court Judge Defrauded Of 90 Lakh In Cyber Scam

In a shocking case of cyber fraud, Justice M. Sasidharan Nambiar, a former judge of the Kerala High Court, has reportedly lost ?90 lakh to an elaborate online scam. The incident came to light when an FIR was lodged at the Hill Palace police station, revealing the disturbing details of the fraud.

 

Justice Nambiar was allegedly enticed by a WhatsApp group named "Aditya Birla Equity Learning Group," which claimed to offer astronomical returns of 850% through online share trading. The group appeared legitimate, with members confidently promoting the scheme. Trusting their assurances, he transferred the substantial amount into a bogus share trading app between December 4 and December 30, 2024. By the time he realized it was a scam, the damage had already been done.

 

The police have identified two individuals, Ayana Joseph and Varsha Singh, as the key suspects behind this well-orchestrated operation. Legal action has been initiated under various sections of the Bharatiya Nyaya Sanhita (BNS) for criminal breach of trust and cheating, along with Section 66D of the Information Technology Act, which addresses cheating through impersonation using digital means.

 

This incident highlights the growing sophistication of cyber fraud and serves as a stark reminder of the importance of vigilance in the digital age. Authorities are actively investigating the case to track down the culprits and uncover the full extent of the scam. Meanwhile, the incident has left many shaken, as even those with a strong legal background can fall prey to such deceitful schemes