Karnataka police arrest ex-army man from Bengaluru for investment fraud worth Rs 3.5 crore

 Karnataka police arrest ex-army man from Bengaluru for investment fraud worth Rs 3.5 crore

The Central Crime Branch (CCB) of the Karnataka Police has arrested a former army man in Bengaluru for allegedly cheating hundreds of investors through an online scam and swindling Rs 3.5 crore from them since December 2020.

According to the joint commissioner (crime) Sandeep Patil, the accused has been identified as Johny KV (51), hailing from Ernakulam in Kerala.

CCB sleuths revealed that hundreds of people were victims of the scam which lured people on social media. The investors were attracted to a pyramid-model scheme with the accused claiming to be an active member of a UK-based lifestyle company. He used to meet them…

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