Group alleges financial fraud of 75,000 KD by Indian couple

Wednesday, July 11, 2018

Group of people alleges financial fraud to the tune of 75,000 KD by an Indian couple in Kuwait. Radhika Jayakumar ,hails from Thumboor, Irinjalakuda, Thrissur and her Husband Jayakumar Dharmamaputhran hails from Chingoli,Karthikappilly, Alappuzha, who started a fitness company named Kalari Fitness Company in the year 2016 allegedly left Kuwait with huge amount of money collected from many people as investment and loans. As per the complaint, the couple had left the country in April 2018. The victims are running from pillar to post to retrieve their hard-earned money. There is no trace of these two frauds all over India. None of their family members are traceable, the victim alleges.

According to investors who gave them the money for expansion of their business unit, Radhika Jayakumar and her Husband Jayakumar gathered confidence of some clients in their yoga and aerobics institutes, they started convincing the unsuspecting ladies for investment into their ‘company expansion’, slowly they started campaign with several investors by promising guaranteed business options. This way they gathered almost 75000 KD from her investors by forging the Kalari Stamp and signing on behalf of the sponsor. Then they left Kuwait on 9th April 2018 without returning money of any of the investors.

Their sponsor Jamaal Al-Doub, who called a press meet with local media, also said that he had filed two cases against the couple for cheating him of 22,000 KD. 7 Cases have been filed in Kuwait court including the two cases by the sponsor himself. 9 cases have been filed in Kerala courts by victims.

The victims also allege that the couple had pulled off a similar scam in UAE in 2012 and run away from Dubai to Kuwait. The victims from UAE had also filed cases against her in Kerala court.

Express your comment on this article

Friday, July 13, 2018
Beware !! These Cheaters have sweet tongue and no conscience. This practice has been going on in Kuwait by Indians since many years unnoticed.They come up with new projects like making Bollywood Indian Films, Shows etc. and lure innocent people to invest promising attractive returns. This Cheaters will prosper for somtime time but surely they will pay their price. Remember "WHAT YOU SOW SO SHALL YOU REAP.

Abraham Saji
Wednesday, July 11, 2018
People should think twice before investing their hard earned money as its know that such criminal minds act convincing the gullible.

Wednesday, July 11, 2018

Wednesday, July 11, 2018
Real life Bunty aur Babli!!

Submit your comments...
Disclaimer: The views expressed here are strictly personal and does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

For the very first time, Mujtaba Creations & Events, a team of 13 young Indian expatriates in Kuwait releasing an Arabic Pat...

Tulu Koota Kuwait organized a blood donation camp on 15th of February 2019, at Kuwait Central Blood Bank, Jabriya, Kuwait. ...

The Institute of Chartered Accountants of India, Kuwait Chapter as part of its continuing professional education initiative ...

Ranny Pravasi Sangham Kuwait in association with Ranny St. Thomas College Alumni Association Kuwait Chapter organized a fare...

Shito-Ryu School of Karate (SSK) Kuwait, had organized a Grand Annual *Kumite (Fighting) Championship on Friday 1st February...