How a Kerala NGO Conned Thousands in Multi-Crore Fraud
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💬 Bridging Perspectives
The promise of scooters, laptops, and home appliances at half price lured thousands into a scheme by Ananthu Krishna, the "national coordinator" of the National NGO Confederation.
The Scheme
The confederation aimed to collect CSR funds to subsidise the cost of products, requiring applicants to pay the remaining half along with a registration fee.
Building Trust Through Initial Deliveries
Initially, some applicants did receive the promised goods at the discounted prices, a calculated ploy to build trust and attract a larger pool of applicants.
Grand Events and False Credibility
The events were grand affairs, attended by MLAs, politicians, and senior police officers. Krishna strategically used photos to enhance his credibility.
Enrolling NGOs and Canvassing at the Local Level
This involved enrolling numerous NGOs from across Kerala, tasked with canvassing people for the scheme at the block level, enlisting the support of local politicians and social workers.
A Multi-Crore Scam Unravels
Krishna managed to collect money from approximately 30,000 applicants, with an estimated loss of ₹60 crore already verified and a potential fraud amount ranging from ₹400-500 crore.
Cautionary Exploitation
The story of Ananthu Krishna serves as a cautionary tale about the importance of due diligence and the potential for exploitation in the name of CSR. This incident has not only left thousands financially harmed but has also damaged the credibility of the NGO sector.
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📰 News Roundup
Mumbai Police visited Ranveer Allahbadia's residence following outrage over his crude "sex with parents" remark on Samay Raina's show. Cases have been filed, and a parliamentary committee may summon him. Allahbadia apologised, calling his remarks "inappropriate" and "not funny." The episode has been removed.
🎥 Film & TV
Harshvardhan Rane reflects on the initial failure of "Sanam Teri Kasam," urging viewers to support newcomers to avoid re-releases. The film, co-starring Mawra Hocane, initially flopped but gained a cult following, leading to a successful re-release that doubled its original earnings. Harshvardhan admitted the failure deeply affected him. Mawra Hocane recently got married.
🏆 Sports Update
Magnus Carlsen called Gukesh's resignation after 18 moves against Caruana a "prudent decision," deeming a comeback unlikely after losing his chance the previous day. Carlsen, meanwhile, defeated Abdusattorov, advancing to the semifinals. Keymer will face Carlsen, and Sindarov will play Caruana in the next round.
🏛️ Political Tensions
Following AAP's Delhi defeat, Arvind Kejriwal met with Punjab CM Bhagwant Mann and MLAs amid speculation of internal discord. The meeting aims to assess the election outcome and strategize for Punjab's 2027 elections. Opposition leaders predict instability in Punjab, with some suggesting Kejriwal might replace.
🤖 Science & Tech
Meta launched Instagram Teen Accounts in India with default safety features for users under 16, including private accounts, messaging restrictions, and content filters. Parental supervision tools allow monitoring, time limits, and restricted access. Meta also introduced age verification.
🌐 Global Affairs
Six US Congressmen have urged the new US Attorney General, Pamela Bondi, to investigate the Justice Department's indictment of the Adani Group, alleging bribery of Indian officials. They argue the case jeopardises US-India relations and questions the DOJ's jurisdiction since the alleged bribery occurred in India. The Adani Group has denied the charges.
🙃 Fun Fact
Did you know that Smiling can trick your brain into being happier. It spurs a chemical reaction, releasing neuropeptides and neurotransmitters like serotonin, endorphins, and dopamine, which act as natural antidepressants.
⏳ What Happened Today in History
Tilka Majhi (born in 1750) on this day, is recognised as the first martyr of the Indian War of Independence.
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