Actor Unni Mukundan’s film company was involved in an international scam to implicate a Malayalee in the Morris Coin scam that led to the raid. The gang, which embezzled Rs 1,200 crore nationwide, made and circulated a video of an American man trying to convince Morris Coin to be recognized on the American Crypto Exchange. It is also a mystery that the leaders of Malappuram Pookottumpadam, who led the scam in Kerala, went abroad safely. Manorama News Investigation.
This is the magic of Nishad’s play, who pockets more and more money by calling out that his company will not collapse even if he makes excessive profits. Those who invested Rs 15,000 were promised Rs 270 for 300 consecutive working days. That is, if you deposit Rs 15,000, the return will be Rs 81,000. You can invest any amount in multiples of Rs 15000 / -. He also convinced the poor that profits would be made in the form of a cryptocurrency called Morris Coin. The drama that Morris Coe was added to the list of the American Exchange to increase credibility was also spread.
During the Kovid period, Morris Coin netted people who were looking for new sources of income and swept them away. Thousands lost money in Nilambur, Vandoor and Pookottumpadam areas alone. With no interest since then, thousands have come forward with complaints. Many investors are in debt, having not even made a profit since Nishad’s relocation and the giants sank into the Gulf, according to a pre-arranged plan.
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