FQL crypto fraud: Police arrest two agents in Sivaganga

MADURAI: The Sivaganga district crime branch police on Tuesday (September 1) arrested two persons in connection with the alleged FQL finance company fraud.

According to the police, Ramesh of Paiyur village near Sivaganga and Satheesh of Manikampatti in Madurai had allegedly worked as agents for the finance company in Sivaganga.

Following complaints submitted by residents of Kanjirangal, Kalayarkoil, Maravamangalam, Tiruppuvanam, and several other areas, Sivaganga District Superintendent of Police Abhishek Gupta directed the police to conduct a thorough investigation into the complaints.

Dindigul police have arrested five persons in connection with the online FQL financial fraud case on Tuesday. Around 2,200 people who were allegedly cheated in the fraud have filed complaints with the Dindigul Crime Branch police.

Meanwhile, relatives of Arasu of Natham, who allegedly died by suicide yesterday due to mental stress caused by the loss of money, staged a road roko near the Dindigul Government Hospital on Tuesday alleging that there were suspicions surrounding his death.

When the police held talks with the relatives, they claimed that Arasu died after he was taken somewhere by unidentified persons. The relatives also claimed that they had found injuries on his body.

After the police informed them that they were conducting an inquiry into the matter and were questioning three persons, the relatives collected Arasu’s body.

The police found that the gang had followed the same modus operandi that it had allegedly adopted to cheat people in Melur in Madurai.

Through its mobile application, the company allegedly promised double returns on an initial investment of Rs 1 lakh within 45 days, in US dollars.

A police source said the interrogation of the two agents could shed more light on the fraud.