Investment fraud alert: Mangaluru woman loses nearly ₹30 lakh in scam after husband’s death

News Network
June 20, 2025

Mangaluru, June 20: A shocking case of alleged investment fraud has come to light in Mangaluru, highlighting the urgent need for public awareness about financial scams, especially those targeting retirees and their families.

A local makeup artist has filed a complaint with Kavoor police, accusing a woman from Mumbai of cheating her out of nearly ₹29.8 lakh under the pretense of investment returns. According to the complaint, the artist’s husband—who served in the Railways—took voluntary retirement on March 18, 2024. Around this time, the accused reportedly grew close to him and persuaded him to invest in her businesses, assuring lucrative profits.

Between 2022 and November 14, 2024, the complainant’s husband transferred a total of ₹29.8 lakh into the woman’s bank accounts through multiple transactions. However, no returns were ever received. The complainant alleges that the funds were never invested but instead used for personal gains by the accused.

Tragically, the husband passed away on June 29, 2024. After his death, the complainant contacted the woman to request a refund. In response, she received partial repayments—₹50,000 on July 17 and another ₹50,000 on July 18, 2024, followed by ₹75,000 in January this year. Despite repeated follow-ups, the remaining amount was not returned. When the complainant tried reaching her again, she found her number had been blocked.

A case has been registered, and police are investigating the matter.

Public Advisory:

This incident serves as a cautionary tale for families dealing with retirement funds or large savings. Always verify investment opportunities, avoid transferring large sums without documented agreements, and remain cautious of individuals offering unusually high returns. If in doubt, consult a legal or financial advisor before proceeding.

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News Network
November 21,2025

Bantwal: A domestic dispute appears to have led to a violent confrontation in BC Road area, where the owner of a textile shop was allegedly attacked with a knife by his wife on Wednesday evening.

Krishna Kumar Somayaji, the owner of Somayaji Textiles, sustained serious injuries in the incident and was immediately taken to a hospital for treatment. He is currently receiving care in the intensive care unit and is reported to have survived the assault, according to police.

The Bantwal Town police have registered a case against Somayaji's wife, Jyothi KT, who has since been taken into custody.

Police stated that the complainant, Namita, an employee at the shop, reported the sequence of events. She stated that around 7 p.m. on Wednesday, the suspect entered the shop, wearing a burqa and disguised as a customer, before attacking Somayaji with a knife. The employee then transported the injured owner to a local hospital via an autorickshaw.

Superintendent of Police Arun K confirmed that an ongoing domestic dispute between Somayaji and his wife reportedly preceded the attack. Police noted that Jyothi KT had previously visited the shop and issued threats.

Based on the complaint, Bantwal Town police have registered a case under relevant sections of the Bharatiya Nyaya Sanhita (BNS) and the Indian Arms Act-1959. An investigation into the incident is currently underway.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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News Network
November 22,2025

Udupi, Nov 22: The Prime Minister’s Office (PMO) has officially confirmed Narendra Modi’s visit to Udupi on November 28 and shared his detailed schedule with the Karnataka chief secretary.

According to the itinerary, the Prime Minister will land at Mangaluru International Airport from Delhi at 11:05 am and depart for Udupi by helicopter at 11:10 am. He is expected to arrive at the Adi Udupi helipad at 11:35 am.

The earlier plan for a roadshow has been cancelled. Instead, PM Modi will proceed directly to Sri Krishna Math at 12 pm, where he will have darshan of Sri Krishna and address participants of the Laksha Kanta Geetha Gayana event.

The Prime Minister is scheduled to depart from the Adi Udupi helipad at 1:35 pm, returning to Mangaluru Airport before leaving for Goa at 2 pm.

The state administration has been directed to make all necessary arrangements for the visit.

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