The Hindu·2 min read·medium

Talrop director board member arrested in investment fraud case

T
The Hindu Bureau
Talrop director board member arrested in investment fraud case
AI Summary

Police have arrested Yahiya Abdul Latheef, a director board member of the company Talrop, following allegations of investment fraud. The arrest follows complaints from investors who were promised returns that failed to materialize, amid broader scrutiny of the company's recent mass layoffs.

The Pangode police on Friday arrested Yahiya Abdul Latheef, a member of the director board of ecosystem development company Talrop in connection with an alleged investment fraud. The accused, a native of Pangode, was apprehended on the basis of a complaint filed by a couple from Kallara, who alleged that they were defrauded of ₹10 lakh after investing in the Kochi-based company.

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