The Thiruvananthapuram City Cyber Crime police have arrested a Gujarat native in connection with a cyber fraud in which a city-based doctor was cheated of ₹1.11 crore on the promise of high returns through share trading.
The police identified the accused as Parmar Prateek Bipinbhai, 25, of Bapunagar in Ahmedabad. He has been accused of converting the fraudulently obtained money into cryptocurrency and wallets, besides diverting it into other digital accounts, and later allegedly routing it abroad.
The investigation revealed that the accused had communicated with the complainant through mobile applications—WhatsApp and Telegram—and purportedly offered fraudulent investment opportunities. The complainant followed the accused’s instructions and transferred money through multiple bank transactions.
Bank records confirmed that ₹1.11 crore had been transferred from the doctor’s account to the suspect’s account, which the police found was created specifically for carrying out such illegal activities. Subsequently, the police tracked the accused to Ahmedabad and took him into custody.
The accused was produced before the Thiruvananthapuram Additional Chief Judicial Magistrate Court and remanded in judicial custody. This is the third arrest to be recorded in connection with the case.
Published – December 05, 2025 09:36 pm IST
