Justice M. Sasidharan Nambiar, a retired judge of the Kerala High Court, has reportedly fallen victim to a cyber scam, losing ₹90 lakh to a fraudulent scheme.
According to the first information report (FIR) filed at Hill Palace police station, Justice Nambiar transferred the amount while attempting to invest through a fake share trading application. The investment was promoted via a WhatsApp group named Aditya Birla Equity Learning Group.
Members of the group allegedly promised him extraordinary returns of up to 850% through online share trading. Convinced by the claims, Justice Nambiar transferred ₹90 lakh between December 4 and December 30, 2024, before realizing it was a scam.
The FIR names two individuals, Ayana Joseph and Varsha Singh, as the accused in the case. They face charges under Sections 316(2) (criminal breach of trust) and 318(4) (cheating) of the Bharatiya Nyaya Sanhita (BNS), as well as Section 66D (cheating by impersonation using a computer resource) of the Information Technology Act.
Investigation into the matter is ongoing.