News > Two held on charge of operating money chain fraud
Two held on charge of operating money chain fraud
The Hindu | 26/04/2022 10:22 PM | Click to read full article
The Palarivattom police on Tuesday arrested two persons on the charge of financial fraud running into ₹1 crore in the guise of running a multi-level marketing network company.
The arrested were identified as Joshy, 51, of Vennala, and Bezhson, 52, of Karanakkodam. They are accused of collecting money from people, including friends and families, by enlisting them in their multi-level marketing network company by the name Crowd One since 2020.