Mangaluru: Saffronists take to the streets against Rai for demanding arrest of Bhat

Mangaluru, Oct 22: A Mangaluru resident has fallen victim to a ₹20 lakh scam after being lured into a fraudulent investment scheme by individuals posing as representatives of J.P. Morgan India. The case, filed at Kadri police station, highlights the growing threat of investment fraud in the region.

The victim, whose identity has not been disclosed, was contacted on September 24 by a man named Vishwanathan, who falsely introduced himself as the Chief Investment Strategist for J.P. Morgan India. Shortly after, a woman named Neeta Sharma reached out, using multiple phone numbers to convince the victim of her association with the prestigious financial firm. She shared a company link and urged the victim to invest ₹20 lakh, promising high returns.

On October 14, after being convinced by Neeta's claims, the victim transferred ₹20 lakh to the fraudulent account. Following this, Neeta instructed the victim to purchase 1,000 shares at ₹240 per share, which he did. The next day, she advised buying 7,900 more shares at ₹250.95 each, further strengthening her false credibility.

However, trouble arose when Neeta told the victim to withdraw the invested amount. Instead of receiving the full sum, the victim was sent only ₹1,500, transferred from an unknown account. When questioned, Neeta could not provide a clear explanation for the discrepancies.

Sensing the deceit, the victim demanded a full refund of his investment. Neeta, however, brazenly asked for an additional ₹4 lakh, prompting the victim to realize the extent of the fraud. He then filed a formal complaint with the Kadri police.

This incident serves as a critical reminder for the public to remain vigilant against fraudulent schemes, particularly those involving investment promises from unverified sources. Always ensure that you verify the legitimacy of financial institutions and representatives before transferring funds. 

The Kadri police are investigating the case and have urged the public to stay alert and report any suspicious investment schemes.

Tips to Protect Yourself from Investment Scams:

1.    Verify Credentials: Always cross-check the credentials of anyone claiming to represent a reputable financial institution. Use official contact information from the company's website to verify.

2.    Be Skeptical of Unsolicited Offers: Be cautious of unexpected investment offers, especially those that promise unusually high returns.

3.    Conduct Thorough Research: Before investing, investigate the company and the proposed investment thoroughly. Look for reviews, ratings, and any red flags.

4.    Report Suspicious Activity: If you suspect a scam, report it immediately to local authorities or financial regulatory bodies to prevent further fraud.

Bengaluru: The Enforcement Directorate on Monday undertook fresh searches in connection with the Mysuru Urban Development Authority (MUDA) linked money laundering case in which it has booked Karnataka Chief Minister Siddaramaiah, official sources said.

About seven-eight premises in Bengaluru and Mysuru are being covered, the sources said.

The federal agency had conducted the first round of raids in this case on October 18 when it searched the MUDA office in Mysuru and some other locations.

It also questioned some lower-rank officials of the MUDA at its Bengaluru zonal office last week.

The ED has filed a enforcement case information report (ECIR) under the Prevention of Money Laundering Act (PMLA) to book the CM and others taking cognisance of a Lokayukta FIR.

Siddaramaiah is facing Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.

Siddaramaiah's wife Parvathi B M, brother-in-law Mallikarjuna Swamy, Devaraju -- from whom Mallikarjuna Swamy purchased land and gifted it to Parvathi -- and others are named as other accused in the case by the two probe agencies.

Parvathi was recently questioned by the Lokayukta.

Mangaluru, Oct 26: In a distressing case of online harassment, Surathkal police in Mangaluru have apprehended a man, identified as Shariq, on charges of cyber harassment that allegedly led a woman to attempt suicide. 

The case took a dark turn when the woman reported that her Facebook account was hacked, leading to an influx of explicit, threatening messages directed at her brother, Kishan, and friend, Harshith.

According to Commissioner of Police Anupam Agrawal, the complaint, registered on October 22, specifically accused Shariq of orchestrating the harassment. Summoned for questioning, Shariq’s mobile phones and social media accounts were initially reviewed, but no conclusive evidence surfaced.

The case escalated when the woman reportedly received more abusive messages on October 24, pushing her to a point of desperation. Following her suicide attempt, police intensified the probe, reaching out to social media platforms for further verification. 

The Surathkal police have filed charges under sections 78(1)(i), 351(1 & 2), and 3(5) of the BNS, with the investigation ongoing to uncover the full extent of the cyber harassment network.