Kerala Police Arrest Second Suspect in Rs 3.5 Crore Overseas Education Company Fraud

Kerala police have made a second arrest in a major fraud case involving Rs 3.5 crore stolen from an overseas education company. Kishore Kumar Rayimol was apprehended in Thiruvananthapuram after his anticipatory bail application was rejected by the court.

The investigation in Ernakulam revealed that Rayimol is the fourth accused in a case that names 13 individuals in total. The primary suspect, Sujith, is already in custody while authorities continue searching for the remaining accomplices.

The fraud targeted Empire Overseas Education, a company that specializes in helping students secure admissions to foreign universities. According to police reports, Sujith joined the organization in 2018 as an office assistant after his own international education plans failed.

Over time, Sujith earned the management's trust and was gradually given significant responsibilities, including access to financial operations. Investigators allege that Sujith, along with Rayimol and other associates, systematically diverted company funds, leaked confidential documents, and attempted to steal clients.

Police officials stated that Rayimol worked closely with Sujith in establishing competing businesses using proprietary information stolen from their employer. His arrest comes after months of detailed investigation by Kerala authorities.

Law enforcement has indicated that additional arrests are likely as the investigation progresses, suggesting that the financial misconduct appears to be part of a coordinated conspiracy designed to severely damage the education company's business operations.