In the first case, a complaint filed by Theneeswari on June 10 alleged that she was coaxed into investing ₹95,000 in Globes Group Digital Private Limited on the promise of employment, partnership and high returns. The investigation uncovered that the alleged mastermind, Babu Iyappan, recruited more than 135 victims and, through a network of 27 accomplices, collected over ₹4 crore by promising profits and repayment via a digital‑wallet facility.
Babu Iyappan, a native of Tiruvannamalai, was taken into custody on Monday, September 21, 2026. He was produced before the Alandur Judicial Magistrate Court and subsequently lodged in Central Prison, Puzhal. Police seized laptops, mobile phones, cash and other items from his possession.
The second case stemmed from a complaint by Gopalakrishnan, proprietor of Pioneer Agencies in Pammal, who said that Ilanchezhian alias Subash, the in‑charge of the company’s Pammal branch, diverted payments received from retailers and broiler‑chicken shop owners into his personal bank account. The accused allegedly replaced the firm’s GPay QR code with his own, misappropriating roughly ₹63 lakh.
The matter was initially registered at Shankar Nagar police station, but following an order from the Madras High Court it was transferred to the Tambaram CCB and re‑registered on August 29. Ilanchezhian alias Subash, identified as A/31, was arrested, presented before the Judicial Magistrate‑I in Tambaram and remanded to judicial custody.
Tambaram City Police Commissioner Prem Anand Sinha said the department will continue to take stringent action against individuals involved in cheating, financial fraud and misappropriation, and that investigations are ongoing to identify additional conspirators and gather further digital and financial evidence.