Retired Kerala High Court Judge Named as Accused in ‘Scooter Scam’
In a shocking turn of events, a retired Kerala High Court judge has been named as the third accused in the ongoing ‘Scooter Scam’ case. Justice Ramachandran Nair, who is a renowned jurist, has been booked by the police for his alleged involvement in the scam that has defrauded investors of over ₹50 crore.
The ‘Scooter Scam’ is a high-profile case that has been making headlines in Kerala for several months now. The scam allegedly involves a group of individuals who had cheated innocent investors by promising them scooters and laptops at half price using Corporate Social Responsibility (CSR) funds. The investors were promised that the scooters and laptops would be delivered to them, but instead, they were left with nothing but false promises and empty pockets.
According to reports, the scam was carried out by a group of individuals who had formed a company that was supposed to provide CSR services to various corporate entities. However, instead of using the CSR funds for genuine charitable activities, the group used the money to dupe innocent investors by promising them scooters and laptops at a discounted rate.
The police have now booked Justice Ramachandran Nair as the third accused in the case, along with two other individuals who were allegedly involved in the scam. The retired judge has been accused of having a role in the scam, although the exact nature of his involvement is not yet clear.
The news of Justice Nair’s involvement in the scam has sent shockwaves across Kerala, with many people questioning how a respected jurist could be involved in such a scam. The police have launched a thorough investigation into the case, and it remains to be seen what the outcome will be.
The ‘Scooter Scam’ is not the first time that a high-profile individual has been accused of involvement in a scam in Kerala. In recent years, several high-profile politicians and businessmen have been accused of corruption and fraud, and the state has struggled to tackle the problem.
The case highlights the need for greater transparency and accountability in corporate activities, particularly when it comes to CSR initiatives. CSR is meant to be a way for companies to give back to society, but in many cases, it has been used as a way to exploit vulnerable individuals and communities.
The ‘Scooter Scam’ is a stark reminder of the importance of vigilance and due diligence when it comes to financial transactions. It is also a reminder that no one is above the law, and that even high-profile individuals can be held accountable for their actions.
In conclusion, the naming of Justice Ramachandran Nair as the third accused in the ‘Scooter Scam’ is a significant development in the case. The police must now conduct a thorough investigation into the matter and ensure that those responsible for the scam are brought to justice.
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