The Pangode police on Friday arrested Yahiya Abdul Latheef, a member of the director board of ecosystem development company Talrop in connection with an alleged investment fraud. The accused, a native of Pangode, was apprehended on the basis of a complaint filed by a couple from Kallara, who alleged that they were defrauded of ₹10 lakh after investing in the Kochi-based company.According to the police, the complainants purportedly invested the money in 2024 and 2025 after being promised attractive returns and regular profit-sharing. While they initially received some payments, the returns reportedly stopped, prompting them to approach the police. An FIR has been registered against four people, including Yahiya.The police have intensified efforts to nab the remaining accused, who have been identified as Anas, Safeer Najumudeen and Sobir Najumudeen.The alleged fraud came to light after the company terminated around 300 employees in a mass layoff, triggering wider scrutiny of its operations. Some of the former employees recently claimed that numerous people had invested in the company. Published - July 17, 2026 08:46 pm IST