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Mangaluru, July 6: In a chilling reminder of how fear and impersonation can override rationality, a Mangaluru woman was allegedly defrauded of a staggering ₹3.16 crore by cybercriminals posing as senior law enforcement officials and a public prosecutor.

This incident underscores the urgent need for public awareness about increasingly sophisticated impersonation scams, where fraudsters exploit legal jargon and fear tactics to drain victims financially.

According to a complaint filed at the CEN Crime Police Station, the ordeal began on June 5 when the woman received a call from an individual claiming to be Inspector Anu Sharma from the National Cyber Response Portal (NCRP). The caller informed her that a SIM card was allegedly purchased in her husband’s name and was being used for sending fraudulent messages and suspicious links.

The call was transferred multiple times — first to a so-called sub-inspector Mohan Kumar from ‘Sahar Police Station’ in Mumbai, who gathered personal details, and then to someone identifying himself as Public Prosecutor Deepak Venkata Ramana. The supposed prosecutor convinced the woman that her and her husband’s bank accounts were under scrutiny and needed to be “verified” through urgent fund transfers.

The complainant was threatened to maintain complete secrecy and promised that all transferred amounts would be refunded once the verification process was complete. Gripped by fear and manipulated through psychological pressure, she allegedly made a series of RTGS transfers between June 10 and June 27, totaling ₹3,16,52,142, into multiple bank accounts provided by the fraudsters.

Once the funds were drained, the fraudsters cut all communication and blocked the victim’s number. Only after she confided in her children did she realise that she had been conned.

Police have registered a case and an investigation is underway.

Why this matters:

This case highlights a disturbing trend in digital fraud, where scammers combine technology with fearmongering and impersonation to bypass even the most cautious minds. Authorities urge the public to be extremely wary of unsolicited calls claiming to be from police, banks, or legal institutions — especially when money is demanded under the guise of investigation or legal procedure.

Mangaluru, July 8: The Tulupara Horata Samiti (Tulu Movement Committee) has urged the Karnataka government to rename Dakshina Kannada district as 'Mangaluru District' to reflect its historical and cultural identity.

Addressing a press conference today, committee leader Dayananda Kattal Sir stated that a non-partisan committee has been formed to spearhead the movement for renaming, uniting individuals across political lines. No specific office-bearers have been appointed to maintain neutrality and inclusiveness.

He emphasized that the region traditionally known as Tulu Nadu encompasses present-day Dakshina Kannada, Udupi, and parts of Kasaragod. This cultural and linguistic zone has been historically recognized in ancient Tamil Sangam literature, particularly in verse 13 of the poetic anthology Agananooru, dating back nearly 2,000 years.

Dayananda highlighted that successive dynasties—Alupas, Pallavas, Hoysalas, Vijayanagara kings, and the Keladi rulers—have all historically referred to this region using names like Tulu Vishaya, Tulu Desa, and Tulu Rajya.

During the Vijayanagara Empire, the area was administratively divided into the Mangaluru State and Barkuru State, further affirming the historical importance of the name Mangaluru.

Adding to this legacy, several foreign scholars and historians have mentioned Mangaluru in their writings. He also recalled that in 1931, when noted leader S. U. Paniyadi proposed the name Tulu Nadu District in the District Council, a counter-suggestion arose from fellow members to name the district Mangaluru instead.

The committee believes it is now time to recognize the historic and cultural continuity of the region by officially renaming Dakshina Kannada as Mangaluru District.

Dubai, June 27: HDFC Bank, India’s largest private lender, is under scrutiny in the UAE over allegations it sold high-risk Credit Suisse AT1 bonds to retail investors in violation of regulatory norms.

The bonds — complex instruments meant only for experienced or high-net-worth clients — were wiped out in March 2023 during Credit Suisse’s emergency merger with UBS. Several investors claim HDFC Bank relationship managers misrepresented these as safe, forged financial documents to meet eligibility criteria, and failed to disclose crucial risks.

Dubai resident Varun Mahajan says he lost $300,000 in savings and alleges the bank inflated his net worth to bypass DFSA rules. Another investor, NS from the Philippines, claimed he was sold AT1 bonds using a leverage loan he never applied for. Others, including Indian national Pankaj Sinha and South Africa-based AT, described similar misrepresentation, unauthorized document changes, and manipulation of KYC data.

Legal complaints have been filed in India, the UAE, Bahrain, and DIFC. Investors accuse the bank of misleading them and exposing them to losses running into millions of dollars.

In response, HDFC Bank denied any wrongdoing, stating it follows strict processes and takes action against malpractice. The DFSA has declined to comment due to legal confidentiality.

Internal sources say several HDFC executives have recently resigned, and the Dubai offshore head has been replaced, raising questions about accountability.

Experts say the case exposes regulatory gaps across jurisdictions and may prompt closer scrutiny of how banks operate across borders.