Woman wanted in two fraud cases arrested after 10 years
A 47-year-old woman has been arrested by the Central Crime Branch after evading authorities for 10 years regarding two fraud cases. She was accused of cheating investors out of millions of rupees through a company called Jiffy Exports.
Why it matters
The arrest highlights the persistence of law enforcement in pursuing long-standing financial fraud cases.
A special police team has arrested a 47-year-old woman, who had been on the run for nearly 10 years without appearing before a court in two fraud cases registered by the Central Crime Branch (CCB).
The police said that in 2008, Samiullah Khan, 40, of Triplicane lodged a complaint alleging that Latha and some employees of Jiffy Exports, a company operating in Nungambakkam, had approached him with an offer of a monthly return of 4% if he invested in their firm. He alleged that they collected ₹35 lakh from him and cheated him.
Based on his complaint, the CCB registered a case in 2009 and subsequently filed a charge sheet. The case was pending trial when Latha stopped appearing before the court and went on the run. A court issued a warrant in 2016 for her arrest and production before the court.
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