Facebook link, WhatsApp tips, fake company: Udupi man loses ₹10 lakh in investment scam

coastaldigest.com news network
August 14, 2025

Udupi, Aug 14: A 42-year-old man from Kirimanjeshwara in the coastal district has alleged that he lost over ₹10 lakh in an online investment scam after being lured via a Facebook link into a WhatsApp group promising lucrative stock market tips.

The complainant, Altaf Hussain, said that on July 5, he clicked on a Facebook link that led him to join a group named Next Billion Technology. A woman, identified as Parinithi Jain, introduced herself as a company representative from Sarjapur Road, Bengaluru, and began sending daily stock market updates. Another member, Anup Tiwari, also posted regular stock tips.

On July 10, Parinithi sent Hussain a website link, helped him register, and gave him login credentials. Believing in the company’s credibility, Hussain purchased shares and IPOs online, transferring ₹10.1 lakh via PhonePe to various bank accounts she provided.

By August 5, the website showed his investment had grown to ₹75.4 lakh. But when he tried to withdraw, his account was blocked. Parinithi claimed a 20% commission was required first, but even after Hussain offered to have it deducted from the payout, she refused.

Suspicious, Hussain visited the given Bengaluru address, only to find no such company existed. A case has been registered at Byndoor police station under Sections 66(C) and 66(D) of the IT Act, and Sections 318(2) and 318(4) of the BNS.

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coastaldigest.com news network
January 19,2026

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Mangaluru: The Phase I project of Badria Vision 2028 was formally launched at a ceremony held at the Badria Campus on January 17, marking an important step in the institution’s long-term development roadmap.

The programme was attended by P.B. Abdul Hameed, Secretary of the MEA, and P.C. Hasir, Correspondent of the MEA, who presided over the event and underscored the institution’s commitment to growth and academic excellence.

Office-bearers of the Badria Alumni Association were present in large numbers, including A.K. Sajid (President), Shamsuddin and S.M. Farooq (Vice-Presidents), Shaheed (General Secretary), and Khaleel (Treasurer), reflecting strong alumni engagement in the initiative.

The gathering was blessed by Sayyid Shamsuddeen Basith Thangal Kukkaje, Qateeb of Zeenat Yatheem Bakshi, who led a special dua seeking divine guidance and success for the project.

The ceremony also witnessed the participation of prominent alumnus and local corporate professional Abdul Latheef, along with alumni members Naushad, Kalandar, Safwan, members of the core committee, and several other former students.

A key moment of the event was the formal handover of a cheque to Ameen Woodland Architect, signalling the immediate commencement of construction work under Phase I of the project.

Organisers said the launch of Phase I reflects a shared vision, institutional unity, and collective resolve to realise the objectives of Badria Vision 2028.

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News Network
January 19,2026

New Delhi: Setting speculation to the rest, the CPI(M) has made it clear that it is open to have an electoral understanding with the Congress “to defeat” the Trinamool Congress and the BJP in West Bengal Assembly election even as it is all set to take on the grand old party in Kerala accusing it of “found wanting” in fighting the Hindutva forces.

The CPI(M) also said that it will contest the Tamil Nadu election “with DMK and its allies to defeat the BJP and its allies”, amid a section in the Congress triggering confusion about its participation in the M K Stalin-led coalition over demand over power-sharing and more seats. It is also willing to join hands with Congress and others in Assam and Puducherry to defeat the BJP.

The decisions came at a three-day meeting of the CPI(M) Central Committee in Thiruvananthapuram, which ended on Sunday after reviewing the poll preparations in the poll-bound states.

The CPI(M)'s decision came even as a section led by West Bengal Congress president Subhankar Sarkar is averse to tying up with the Left Front, claiming that their party is not benefitted by the electoral understanding. Both Congress and CPI(M)-led Left Front had electoral understanding in 2016 and 2021 Assembly elections and 2024 Lok Sabha polls.

Congress and the Left Front fought together for the first time in 2016 when Congress won 44 seats and the CPI(M) got 26. In 2021, the Left Front and the Congress drew a blank. In the 2024 Lok Sabha polls, Congress managed to win one seat while the Left did not win any. In the 2019 Lok Sabha polls, both fought against each other with Congress winning two and the Left none.

“In Bengal, the party will work for the defeat of both the TMC and the BJP, which are trying to polarise the society. We will try to rally all the forces that are ready to work against them,” the CPI(M) said in a statement without naming Congress by name. Senior leaders said there is no change in its strategy of pooling all non-BJP, non-TMC votes.

However, the party was critical of the Congress in Kerala where both will fight against each other.

The CPI(M) said it would "expose the BJP-led Union government’s denial of rightful dues to Kerala, the fiscal constraints imposed and the overall attack on federalism" as also "expose the failure of the Congress to effectively counter this attack on federalism, as the largest opposition party in the Parliament".

"The Congress, especially in Kerala, was found wanting in the fight against communal RSS-BJP, ideologically and this will also be exposed before the people," it added.

In Assam, it said, the CPI(M) will work for the mobilisation of all the anti-BJP parties and forces and defeat the rabidly communal and divisive BJP government. The Left parties are cooperating with Congress in the north-eastern state. In Puducherry, it said it will work for the defeat of the BJP alliance government.

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News Network
January 31,2026

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Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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