Man held for alleged loan fraud in Kochi
On August 16, 2026, a 44-year-old man named Anoop C.J. was apprehended by the Njarackal police in Kochi, India, amidst allegations of loan fraud. The arrest occurred at the Karuthedam Rural Service Cooperative Society, where Anoop worked as a gold appraiser. According to police sources, Anoop allegedly misappropriated ₹89 lakh through fraudulent means.
He is accused of exploiting his position to record the bank's acceptance of 1,565.9 grams of gold as collateral, issuing loans against these fabricated pledges from January 2014 to June 2024. The police are also investigating his other financial dealings as part of the ongoing inquiry.
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