The Hindu·2 min read·medium

Man held for alleged loan fraud in Kochi

T
The Hindu Bureau
Man held for alleged loan fraud in Kochi
AI Summary

A gold appraiser at a cooperative society in Kochi was arrested for allegedly misappropriating ₹89 lakh through loan fraud. The suspect reportedly created fake gold pledges to secure loans over a ten-year period.

A 44-year-old man was arrested by the Njarackal police on Sunday (August 16, 2026) for allegedly misappropriating ₹89 lakh through a loan fraud at a cooperative society where he was employed. The arrested is Anoop C.J., a resident of Malippuram, Elamkunnapuzha, and a gold appraiser at the Karuthedam Rural Service Cooperative Society.

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