Srinath Rai chosen Working President of Yuva JDS

[email protected] (CD Network)
September 7, 2012
ddd

Mangalore, September 7: K Srinath Rai has been chosen as the Working President of DK District Janata Dal (Secular).

A businessman with a B.Sc degree, Mr. Rai is the son of Kallai Jagannath Rai and Mundalaguttu Rai.

Mr. Rai has in the past served as the Treasurer of Prajavikasa Seva Trust and is a trustee of Ashraya Yuvajana Seva Trust and member of Mangalore Bantara Mathra Sangha.

Mr. Rai had been actively participating in the activities of JDS.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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