Fraud company accused of duping people of their money; FIR registered

[email protected] (CD Network)
September 11, 2014

Mangalore, Sep 11: Lured by attractive offers, consumers repeatedly fall in the trap of fraud companies which cheat investors of their hard-earned money. Along the same lines, Tulunadu Rakshana Vedike, Mangalore has alleged that an investment agency called Vruksha Business Solutions Limited had been cheating consumers from the past one year without repaying their money.

Addressing a press conference here on Wednesday, members of the organisation alleged that the company was a fraudulent one, which duped prospective consumers and lured them into investing in the company in return for getting better returns. A complaint had been lodged with the Commissioner of Police in this regard, they said.

Yogish Shetty, president of the organisation said that the fraud company would lure prospective consumers with high interest rates and promise to return their money with good profits. When the consumers want to take out their money, they are not paid their full payment, thereby ending up being cheated by the company. Moreover, the people who have deposited their funds with the company are insulted and offended by the agents, he said.

He said that the members of the Vedike, along with 71 consumers duped by the fraudulent company, visited the office of the commissioner of police and lodged a complaint against the company owners.

He informed that an FIR had been lodged against Jeevaraj Puranik, Roshan D'Souza and Venugopal in connection with the fraud company.

Meanwhile, they had learnt that the Vruksha company had initiated the sale of a site worth Rs 7 crore for a selling price of Rs 4.60 crore. Although the consumers and agents had tried to halt the registration process of the site, the management heads of the company had managed to do so with political influence, he said.

The agents of the company, have given an ultimatum to catch the culprits and return the money invested by the consumers, failing which they would initiate a hunger strike in the city on September 25, he said.

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News Network
December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 7,2025

SHRIMP.jpg

Mangaluru, Dec 7: A rare bamboo shrimp has been rediscovered on mainland India more than 70 years after it was last reported, confirming for the first time the presence of Atyopsis spinipes in the country. The find was made by researchers from the Centre for Climate Change Studies at Sathyabama Institute of Science and Technology, Chennai, during surveys in Karnataka and Odisha.

The team — shrimp expert Dr S Prakash, PhD scholar K Kunjulakshmi, and Mangaluru-based researcher Maclean Antony Santos — combined field surveys, ecological assessments and DNA analysis to identify the elusive species. Their findings, published in Zootaxa, resolve decades of taxonomic confusion stemming from a 1951 report that misidentified the species as Atyopsis moluccensis without strong evidence.

The shrimp has now been confirmed at two locations: the Mulki–Pavanje estuary near Mangaluru and the Kuakhai River in Bhubaneswar. Historical specimens from the Andaman Islands, previously labelled as A. moluccensis, were also found to be misidentified and actually belong to A. spinipes.

The rediscovery began after an aquarium hobbyist in Odisha spotted a shrimp in 2022, prompting systematic surveys across Udupi, Karwar and Mangaluru. Four female specimens were collected in Mulki and one in Odisha, all genetically matching.

Researchers warn the species may exist in very small, vulnerable populations as freshwater habitats face increasing pressure from pollution, sand mining and infrastructure development. All verified specimens have been deposited with the Zoological Survey of India for future reference.

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