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Mangaluru: A man has reportedly lost ₹13 lakh after falling victim to an online trading scam. The incident began on December 14, 2023, when he received a WhatsApp message adding him to a group named "VIP3 Global Securities Official Stock Community."

The message introduced Ajay Garg as the director and CEO of SMC Group, claiming he was participating in an international stock returns competition and urging members to vote for him. The group also provided stock market investment guidance and encouraged users to open an SMC Global Securities Trading Account to access IPO stocks.

Upon inquiring in the group, the complainant was contacted by an individual claiming to be an international customer service representative at SMC Global Securities. This person, later identified as Vandana Bharti from the Institutional Brokerage, claimed she could secure high-value IPO stock allotments. The complainant was instructed to download the SMC Global Securities Trading App using a specific link, which promised 30 days of free VIP trading advice and stock market insights. He registered on the app using his PAN and mobile number and began applying for IPO stocks.

Initially, the complainant was allotted ₹15,000 worth of IPO stocks from Dam Capital Advisers Limited. The scammers claimed that ₹5,000 was covered by the company, requiring him to pay only ₹10,000, which he transferred on December 25. Soon after, he was allotted ₹1.4 lakh worth of IPO stocks from Anya Polytech & Fertilisers and was pressured to pay immediately. On December 31, he transferred the amount.

The scammers continued assigning higher-value IPO stocks, eventually allotting ₹9.9 lakh worth of stocks from Standard Glass Lining Technology Limited. When the complainant expressed an inability to pay, he was pressured into taking a ₹9 lakh loan via a mobile lending service.

On January 20, he attempted to withdraw ₹1 lakh from the SMC Global Securities Trading App to check if funds could be recovered. The withdrawal was processed successfully the same day, reinforcing his trust in the platform. However, subsequent attempts to withdraw funds were unsuccessful, and the complainant realized he had been defrauded.

Authorities are investigating the incident and cautioning the public to be vigilant against such fraudulent schemes.

New York: NRI International Love All, a non-governmental organization founded on the principles of love, communal harmony, and universal brotherhood, hosted an online tribute event to honor the remarkable legacy of Dr. Manmohan Singh, one of India's most revered leaders.

Under the leadership of its International President, Mr. Ashok Arora, a distinguished Supreme Court advocate and former Secretary of the Supreme Court Bar Association, the organization has consistently worked to promote the idea that "the world is one family"—a philosophy deeply rooted in the Indian ethos of Vasudhaiva Kutumbakam.

The tribute event brought together participants from across the globe to celebrate the life and contributions of Dr. Manmohan Singh. In his opening remarks, Mr. Ashok Arora warmly welcomed attendees and set the tone by quoting a poignant line from the Hindi film Anand: "Anand mara nahi, Anand marte nahi; ache log amar ho jaate hain" (Anand doesn’t die; good people become immortal). He highlighted Dr. Singh’s immense contributions to India's progress, emphasizing his enduring legacy as a source of inspiration.

The event featured a diverse lineup of distinguished speakers, each reflecting on Dr. Singh’s extraordinary character and achievements:

Mr. Salim Khalifa, Chairman of the Saudi Arabia Chapter, described Dr. Singh as a leader defined by wisdom, truth, and humility. He emphasized that Dr. Singh's calm demeanor, gentle heart, and extraordinary vision made him a guiding light for generations to come.

Mr. Umakant Lakhera, a senior journalist, shared his experiences covering Dr. Singh’s tenure as Prime Minister, praising his transparency and respect for democratic principles. Mr. Lakhera recalled Dr. Singh’s media-friendly approach, recounting how he encouraged tough questions and upheld accountability.

Mr. Anand Vardhan Singh, a renowned journalist and former editor of Lokmat, addressed the criticism that Dr. Singh didn’t win elections. He highlighted the 2009 general election, where under Dr. Singh’s leadership, the Congress party achieved a significant victory, increasing its seat count by 61.

Engr Syed Nasir Khurshid, a social activist and Convener of the Saudi Arabia Chapter, paid tribute with a heartfelt recitation of Allama Iqbal’s poetry. He described Dr. Singh as a once-in-a-century leader who dedicated his life to improving the economic and social conditions of the common people.

Throughout the event, Mr. Ashok Arora introduced the speakers with thoughtful insights, weaving poetry and eloquence into his commentary. He also acknowledged heartfelt messages from attendees worldwide, including journalists, intellectuals, engineers, IT professionals, and other dignitaries from countries like Australia, the UK, Germany, and the Middle East.

Speakers universally agreed on Dr. Singh’s unparalleled contributions to India’s economic growth, which laid the groundwork for the country’s current aspirations of becoming a $5 trillion economy. They celebrated his integrity, humility, and dedication to public service, marking him as one of India’s finest leaders.

The event concluded with heartfelt thanks from Mr. Salim Khalifa, who expressed gratitude to participants for joining across time zones to honor Dr. Singh. The seamless execution of the program was made possible by the technical team—Tamim Al Hasan, Azharuddin, and Ubaid Gotori—who were commended for their professionalism.

NRI International Love All remains committed to spreading the message of love and unity, inspired by the vision of leaders like Dr. Manmohan Singh.

Udupi: A 59-year-old man has allegedly lost ₹20.17 lakh in a stock market scam after being lured by promises of high returns.

Vinod, the complainant, stated that he discovered an online stock market-related company, PML Securities, on November 2 last year. Encouraged by its offerings, he began investing through the company’s mobile applications, PML Max and PML PRO, starting from November 27.

Initially, his investments were returned in line with the IPO (Initial Public Offering) process, reinforcing his trust in the platform. However, trouble arose when he attempted to withdraw his funds, only to find himself unable to do so. Upon contacting the company, he was allegedly persuaded that additional payments were required to unlock his money.

Trusting the assurances given, Vinod continued making payments, transferring a total of ₹20.17 lakh to various bank accounts linked to the company until December 24. The complaint alleges that the operators of PML Max and PML PRO deceived him by falsely promising substantial returns on stock market investments.

A case has been registered at the Manipal Police Station, and an investigation is underway.