Mangaluru, July 1: A man from Mangaluru has lost a staggering ₹44 lakh in an online investment scam allegedly orchestrated via Instagram.
According to a complaint filed with the CEN Crime Police Station, the victim came across an Instagram account named ‘Humshafare’ in December last year, where he was contacted by an individual identifying himself as Mahesh Poonia. The accused later moved the conversation to WhatsApp and lured the complainant with promises of high-return investments.
Between January 15 and 17, the victim transferred a total of ₹44 lakh in multiple installments to several bank accounts provided by Poonia. Initially, he was able to withdraw a small amount, which helped build trust. However, when he requested the full amount back, the accused allegedly pressured him to invest even more, triggering suspicion.
It was only after consulting friends that the victim realised he had been defrauded. A formal case has now been registered, and investigations are underway.
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