Note ban is the biggest scam and largest money laundering scheme: UTK

coastaldigest.com news network
November 8, 2017

Managluru, Nov 8: Minister for Food and Civil Supplies U T Khader has termed the last year’s demonetisation as “the biggest scam and the largest government-abetted money laundering scheme”.

Speaking at the Black Day observed by the Dakshina Kannada District Congress Committee to mark the first anniversary of demonetisation on Wednesday in the city, the minister urged the Prime Minister Narendra Modi led-government to release a White Paper on the prevailing economic condition of the country and measures taken to improve the economic condition.

"The Central government should also release a list of people who died while waiting near ATMs or in banks for exchanging the scrapped Rs 1000 and Rs 500 notes. The government should pay compensation and also help in providing free education to the children of the deceased. The Centre should also announce how much black money has been confiscated in the last four years," said the minister.

DK DCC president Harish Kumar termed demonetisation as an "organised loot and plunder." "It has helped to convert black money into white. The Central government has spent Rs 12,000 crore of tax payers' money for reprinting the currency after demonetisation. The industrial production was hit and labourers have lost their job after demonetisation," said the president.

"Disruptions caused by demonetisation has affected the manufacturing activities. India's GDP grew at 5.7% between April to June this year - the slowest pace recorded in 13 quarters or since the NDA government assumed office in May 2014. The BJP that promised of bringing back black money stashed in Swiss banks and crediting Rs 15 lakh to the accounts of citizens has failed in fulfilling its promise. The Centre has imposed highest GST up to 28 % on several goods, which has affected the common man and poor in the way of rise in price," he said.

"The hard-earned tax payers money is being misused in the name of cleaning Ganga river as well. In spite of spending Rs 20,000 crore, the Ganga river water is not clean. The Centre has even failed to waive the loans borrowed by the farmers at a time when Karnataka was reeling under drought," he alleged. Harish Kumar said that the Congress wants to free hunger from the country.

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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
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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News Network
December 4,2025

Mangaluru: Chaos erupted at Mangaluru International Airport (MIA) after IndiGo flight 6E 5150, bound for Mumbai, was repeatedly delayed and ultimately cancelled, leaving around 100 passengers stranded overnight. The incident highlights the ongoing country-wide operational disruptions affecting the airline, largely due to the implementation of new Flight Duty Time Limitations (FDTL) norms for crew.

The flight was initially scheduled for 9:25 PM on Tuesday but was first postponed to 11:40 PM, then midnight, before being cancelled around 3:00 AM. Passengers expressed frustration over last-minute communication and the lack of clarity, with elderly and ailing travellers particularly affected. “Though the airline arranged food, there was no proper communication, leaving us confused,” said one family member.

An IndiGo executive at MIA cited the FDTL rules, designed to prevent pilot fatigue by limiting crew working hours, as the cause of the cancellation. While alternative arrangements, including hotel stays, were offered, about 100 passengers chose to remain at the airport, creating tension. A replacement flight was arranged but also faced delays due to the same constraints, finally departing for Mumbai around 1:45 PM on Wednesday. Passengers either flew, requested refunds, or postponed their travel.

The Mangaluru delay is part of a broader crisis for IndiGo. The airline has been forced to make “calibrated schedule adjustments”—a euphemism for widespread cancellations and delays—after stricter FDTL norms came into effect on November 1.

While an IndiGo spokesperson acknowledged unavoidable flight disruptions due to technology issues, operational requirements, and the updated crew rostering rules, the DGCA has intervened, summoning senior airline officials to explain the chaos and outline corrective measures.

The ripple effect has been felt across the country, with major hubs like Bengaluru and Mumbai reporting numerous cancellations. The Mangaluru incident underscores the systemic operational strain currently confronting India’s largest carrier, leaving passengers nationwide grappling with uncertainty and delays.

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