Bihar native arrested for ₹50-crore school project fraud in Keralam
According to police officials, the accused targeted a Kozhikode businessman and his associate by promising to secure the fund to set up educational institutions in various parts of Keralam
A 39-year-old man from Bihar, identified as Ashwani Kumar Singh, has been apprehended by the Kollam West police in India for allegedly defrauding two businesspeople from Kozhikode. Singh allegedly promised to secure a massive ₹50 crore project fund to establish schools across Kerala, convincing the victims to transfer ₹10.25 lakh as an initial processing fee.
During a meeting at a Kollam lodge, Singh managed to steal ₹2 lakh in cash from the businessmen and fled the scene, intending to travel to Coimbatore to catch a flight back to Bihar. The Kollam West police, along with a special team, intercepted Singh in Coimbatore before he could escape further. He is currently in custody for further legal proceedings.
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