CSR fund scam to surpass ₹1,000 cr

Complaints pour in, around 1,000 received from Muvattupuzha region & Kannur city limits

- EXPRESS NEWS SERVICE @Kochi/Kannur

The police team probing the fake corporate social responsibility (CSR) fund scam has widened the net amid complaints that the victims did not receive two-wheelers at half the market price despite making payments. The police estimate that the fraud committed by Anandhu Krishnan, a 26-year-old Thodupuzha resident who was arrested for promising scooters and home appliances at half their price under CSR funds, could surpass ₹1,000 crore.

While around 500 complaints were received from the Muvattupuzha region alone as of Wednesday, the Kannur Town Police have registered a case against Congress leader Laly Vincent in connection with the scheme. The scam was run under the guise of an NGO 'Muvattupuzha Socio-Economic Development Society'. Laly has been named as the seventh accused in the case.