Kasargod: Lookout Notice Issued Against Four Fraudsters
Stephan Kayyar
Daijiworld Media Network – Kasargod (DV)
Kasargod, Oct 1: Kasargod police have issued a lookout notice for four fraudsters, who are believed to have cheated more than 4,500 investors from Kerala, Karnataka, Tamil Nadu and other places in the name of Global Trade Solution.
The accused have been identified as Global Trade Solution director, Nayanmar Mule C V Sadique, his wife Khadeejath Nausha, Yerunakulam V A Abdul Nazar and Usha Santhosh from Trikaripura.
From 2009 to 2012 they were carrying out their business by assuring investors that they would provide 7% to 10% dividend. In the beginning they used to provide dividends to some but later they stopped.
After cheating investors of crores of rupees the accused went absconding.
The police have issued the lookout notice for the foursome in all airports, railway stations and bus stands so that they do not escape.