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Kerala student says he made bomb threat to Mumbai airport to crash airline stock

Twenty-three-year-old sends hoax email about a bomb at Mumbai airport, in the false hope that a scare will crash airline stocks, cools heels in jail

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The bomb threat was sent to the airport on November 23. File pic

The bomb threat was sent to the airport on November 23. File pic

A 23-year-old student from Kerala who was arrested by the Maharashtra Anti-Terrorism Squad for allegedly sending a mail threatening to blast the Mumbai airport is a professional share market trader who wanted to become a crorepati in just a few hours.

In one month of investigation, the Sahar cyber police found that the accused Febin Shahjahan wanted to pull down share prices of the airline industry by floating negative news that there would be a bomb blast at the Mumbai airport in 48 hours. However, sources from big traders told mid-day that hoax calls never affect the share market.

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