Kerala woman techie misused her company’s loan app to scam Rs 20 crore | Manappuram financial scam | Woman manager arrested for scamming Rs 20 crore | Manappuram loan scam | Crime News | Kerala News | Thrissur News | Financial scams | Financial scams in Thrissur | Dhanya Mohan | Dhanya Mohan financial scams | Valapad financial scams

Thrissur: Dhanya Mohan, who was arrested for allegedly fraudulent loans to the tune of Rs 20 crores, used her company’s loan app to create a fake loan account from which she transferred money to her bank accounts, police said. She started as a manager and later rose to the position of deputy general manager, technical head, IT products and services, of a prominent financial firm based in Kerala. This gave her access to all the data and processes related to paperless, instant loan disbursement through the loan app.

The police also suspect that her husband also benefited from the money she had collected through fraud. “We now understand that she did all this on her own and it was not an organised crime, but we have evidence that she had given Rs 40 lakhs to her husband. It needs to be verified whether he was involved in the crime in any way,” said a senior official associated with the investigation.

After creating a loan account and crediting the money to her personal accounts, she deleted all the backend data to avoid suspicion. With access to everything related to the app, she was able to erase all the digital traces. The police will retrieve the server records to rebuild the digital footprint and establish a trail of her fraudulent transactions. Bank statements and data related to the app will also be collected. The personal loan app was designed by the company to enable instant loan disbursement and a person could borrow up to Rs 5 lakh without requiring any collateral.

Everything was going smoothly as planned till July 23, when she was called by the application team head after he came to know that something was wrong with the transaction of Rs 80 lakhs. She was briefly questioned but complained of anxiety and left the office in her car.

Police said she was left alone in Thrissur while her husband was in Kollam. As soon as she came to know that her fraud had been exposed, she switched off her phone and fled. Her last tower location was detected in Aluva. Police believe that she had travelled from Thrissur to Kollam by road in her SUV. During this time, the police deployed multiple teams. Since she knew that a police team was surrounding her, the pressure mounted and she decided to surrender.

She underwent medical examination and was taken to Thrissur for questioning on Friday evening. She will be produced in court and the police will seek her custody for further questioning.