Udupi man duped of over ₹20 lakh in stock market scam

News Network
February 3, 2025

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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
May 14,2025

jabalia.jpg

At least 56 Palestinians have been killed in Israeli strikes on the Gaza Strip after the regime's prime minister Benjamin Netanyahu announced the military would enter the war-battered territory "with full force".

Medical sources said at least 50 people have been killed in the Jabalia refugee camp in northern Gaza since dawn Wednesday.

The heavy airstrikes have also left more than 100 people injured, with several houses being targeted and collapsed on their residents.

Another four people were killed in a strike on the southern city of Khan Yunis, civil defense spokesman Mahmud Bassal said.

The ferocious aggression came after the release of Israeli-American Edan Alexander, who had been in Hamas captivity since October 2023, offered a brief pause in the war on Gaza on Monday.

But the strikes resumed amid fierce new criticism of Israel's tactics in the war.

"In the very coming days, we are going in with full force to complete the operation," Netanyahu was quoted as saying in a statement released on Tuesday.

"There will be no situation where we stop the war. A temporary ceasefire might happen, but we are going all the way," he added.

His remarks came after UN relief chief Tom Fletcher called on the UN Security Council to take action "to prevent genocide" in Gaza as he gave a scathing account of Israel's aggression in the territory. 

"Will you act -- decisively -- to prevent genocide and to ensure respect for international humanitarian law?" he said to UN ambassadors in New York.

Late Tuesday, the Israeli military urged civilians in several parts of northern Gaza to evacuate after it intercepted "two projectiles" fired from the territory. 

The armed wing of Hamas ally Islamic Jihad claimed responsibility for rocket fire into Israel, which has been rare in recent weeks. 

In Paris, President Emmanuel Macron said in critical remarks not typical of France that Netanyahu's actions in blocking aid to Gaza were "shameful".

Meanwhile, Russia, China and the UK have rejected Israel’s plans for distributing aid in Gaza, instead urging Tel Aviv to lift its two-month blockade on the territory.

Since the Israeli military broke a two-month ceasefire agreement with the Palestinian resistance movement Hamas in mid-March, the occupying entity has blocked the entry of all humanitarian aid, including medicine, fuel, and food supplies into Gaza, drastically worsening the humanitarian crisis in the territory, where even clean water is critically scarce.

Dozens of people, mostly children, have died from starvation. Since the aid blockade began on March 2, at least 57 children have reportedly died from the effects of malnutrition, according to the Ministry of Health.

“People are trapped in this cycle where a lack of diversified food, malnutrition and disease fuel each other,” WHO’s representative in the Occupied Palestinian Territory Dr. Rik Peeperkorn said.

“This is one of the world’s worst hunger crises, unfolding in real time,” he added.

According to a World Bank report, the current crisis in Gaza has now made nearly all of its population almost entirely dependent on humanitarian aid due to prolonged war and blockade.

Nearly all of Gaza’s population of 2.3 million has been displaced, often multiple times, since the regime launched its genocidal war on the territory in October 2023.

Over 52,900 Palestinians have been killed in Gaza in the brutal Israeli onslaught since October 2023, most of them women and children.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 13,2025

Udupi, May 12: A tragic incident unfolded at a wedding in Nandikur, Udupi district, when a four-year-old boy, Vasudeva, drowned in a temple pond near the venue.

According to a police complaint filed by Satyanarayana, 38, a resident of Kurkalu village in Kaup, the child had accompanied his mother, Soumya, and siblings—Vaishnavi (10) and Vishnu Priya (1)—to attend a wedding at the Sri Durgaparameshwari Temple Hall in Nandikur.

At approximately 2:00 p.m. on Sunday, Soumya was feeding her infant daughter inside the hall while Vasudeva remained nearby. After tending to the baby, she stepped away briefly to wash her hands, during which time she noticed that Vasudeva was missing.

A frantic search ensued involving family members and others at the venue. About 15 minutes later, at around 2:15 p.m., Vasudeva was found unresponsive in the temple pond adjacent to the hall. Bystanders pulled him from the water and attempted resuscitation.

He was immediately rushed to a private hospital in Udupi, where doctors declared him dead on arrival. Despite this, the family sought further medical assistance at a hospital in Manipal, but physicians there also confirmed that he had passed away.

The Padubidri police have registered a case and are investigating the incident.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
May 15,2025

Bengaluru, May 15: The Karnataka Lokayukta police on Thursday conducted simultaneous raids across multiple districts, including Bengaluru and Mangaluru, targeting government officials suspected of possessing disproportionate assets (DA).

According to Lokayukta police, the raids were carried out on properties linked to seven government officials in Bengaluru city, Bengaluru Rural, Tumakuru, Yadgir, Mangaluru, and Vijayapura districts.

The officials under the scanner are:

Murali T.V., Additional Director, Directorate of Urban and Rural Planning

H.R. Nataraj, Inspector, Legal Metrology, Bengaluru

Anant Kumar, Second Division Assistant, Taluk Office, Hoskote (Bengaluru Rural)

Rajshekar, Project Director, Nirmiti Kendra, Tumakuru

Manjunath, Survey Supervisor, Dakshina Kannada (Mangaluru)

Renuka Satarle, Officer, Dr. B.R. Ambedkar Abhivrudhi Nigama, Vijayapura

Umakanth, Officer, Shahpur Taluk, Yadgir district

Raids were conducted at 12 locations in Bengaluru city, eight in Bengaluru Rural, seven in Tumakuru, five in Yadgir, four in Mangaluru, and four in Vijayapura.

The raids followed complaints alleging corruption and accumulation of assets disproportionate to known sources of income. A preliminary investigation was carried out into the assets of the officials, their families, and close relatives, after which separate DA cases were registered at respective Lokayukta police stations.

The coordinated operation began at 6 a.m. and was conducted under the supervision of superintendents of police from the respective districts. Deputy superintendents, police inspectors, and other staff were also involved in the raids.

Authorities have not yet disclosed the details of movable and immovable assets seized during the operation. Further information is expected following the completion of assessments at the raided sites.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.