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Six people were arrested in the state of Kerala after posing as a recruitment agency and conning over 500 engineering students out of hundreds of thousands of rupees. The group targeted students in cities across India.
The group exploited the poor employment prospects of engineering students. It is estimated that more than 300,000 engineering graduates will be unable to find work. A significant proportion will accept jobs far below their technical qualifications. High supply and little demand have created a challenging job market for engineers.
Students were required to pay a security deposit of USD 850 (INR 50,000) in return for the services of the agency. Some students were advised that they had been successfully recruited by non-existent engineering companies. When the students tried to contact the recruitment agency in Delhi they were advised that the company had been closed.
90 students from different engineering colleges complained to the police prompting an investigation. The conmen had been preparing to relocate to Delhi when they were arrested.