Dhanya Mohan, a native of Nellimuk, Kollam, who was arrested in the case of embezzling 19.94 crore rupees from the account of Phuwalappad Manappuram Comptech and Consultants Limited, has confessed to the crime. The money earned through fraud was used for online trading and lending to friends.
DYSP also said that the accused has admitted that there have been profits and losses as part of online trading. Dhanya Mohan surrendered yesterday in the case of financial fraud of Rs 20 crore from a private financial institution. The accused surrendered at Kollam East Police Station.
She was an employee of the company where the fraud took place for 20 years. The police said that Dhanya, who was the assistant general manager, had stolen this amount over a period of five years. The money was transferred to the accounts of Dhanya and his family members.
