Madurai: Madurai Central Crime Branch (CCB) Police on Friday arrested a financial company employee and his two family members for embezzlement of 55 lakh.
According to police sources, a private finance company is located at Meenatchi Nagar in Madurai. Karthik Vijayan worked as an employee in the company. He used to collect the money lent to several companies and deposit it into the company’s bank account.
A few days ago, Vijayan, who had collected 55 lakh, ran away with the collected amount. Based on a complaint from the director, Madurai CCB Police conducted investigations. During the investigation, CCB officials were informed that Vijayan was Mettupalayam in Coimbatore district. A team of officials went to Mettupalayam and arrested Vijayan, his wife Alagurani and his brother-in-law Rajeshkumar. They were taken to Madurai and then taken into custody.
In another incident, Virudhunagar district police registered a case against three people for allegedly cheating 14.8 lakh from a couple.
R Rani, 39, is a resident of Pandiyan Nagar in Virudhunagar. She worked in a private company. Rani and her husband Rajasekar met another couple Chandrabose and Hema. Hema said his brother Sivakumar who was familiar with equity investments would provide double profit if they invested money.
Believing this, Rani and her husband had paid 14.8 lakh to Hema, Chandrabose and Sivakumar in various installments starting in 2016.