Jewellery Fraud: Accused Surrender, Evidence Collected

Swift Summary:

• Two women, Vineetha and Radhakumari, arrested for allegedly defrauding BJP leader G. KrishnakumarS daughter, Diya Krishna, were taken to a jewellery outlet as part of evidence collection.
• The suspects allegedly used their personal QR codes instead of the official code to misappropriate funds from the outlet.
• A third accused, Divya, is absconding.
• Investigators found that nearly ₹40 lakh was transferred to the accused’s accounts; however, the complainant claims ₹69 lakh was siphoned off.
• Funds embezzled were reportedly used to purchase gold and a scooter; authorities have seized the scooter and are recovering pledged gold.
• According to official sources, up to ₹2 lakh was transferred through QR codes on certain days.
• The former employees claimed they switched QR codes under Ms. krishna’s instruction to evade tax.
• Kerala High Court rejected anticipatory bail applications for all three suspects; two surrendered while one remains at large.

Indian Opinion Analysis:

This case highlights several aspects of financial fraud in retail settings within India and raises questions about accountability in digital payment systems. The alleged misuse of personal QR codes underscores vulnerabilities in such transactions if robust checks aren’t enforced at outlets. Additionally,with meaningful amounts like ₹40-₹69 lakh reportedly siphoned off over time without detection by business proprietors or regulators earlier on,operational diligence within retail businesses seems critical moving forward.

The claim by former employees that they acted under Ms. Krishna’s instructions points toward potential challenges in determining fault when allegations arise between employers and employees-a dilemma requiring thorough forensic auditing during investigations.

from broader perspectives: technological safeguards against employee misuse should be prioritized across industries relying heavily on digital transactions-especially as India moves further into cashless systems-and legal precedents set by this case could influence future regulatory policies regarding transparency within transactional ecosystems.

Read more: Published – August 05, 2025 10:23 pm IST