Fraudsters on your phone! Udupi man loses ₹2.3 crore in WhatsApp stock scam

Agencies
May 16, 2025

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Udupi, May 16: In a chilling reminder of how digital scams are evolving, a 55-year-old man from Udupi has fallen prey to a sophisticated online stock market investment fraud, losing a staggering ₹2.3 crore.

The victim, identified as Jayananda, filed a complaint detailing how he was targeted and manipulated over a period of weeks. The ordeal began on March 20, when he was added — without consent — to a WhatsApp group named "The Wealth Architects", operated by unknown individuals.

Within the group, members presented themselves as financial experts offering high-return stock market advice. They promoted a demat account titled Kopernik Dmat, claiming it was a gateway to extraordinary profits. The group's activity appeared organized and convincing, often mimicking the tone and branding of legitimate financial institutions.

Lured by the promise of quick wealth, Jayananda allegedly transferred money in multiple instalments to bank accounts provided by the scammers between April 1 and May 13. Despite assurances and constant engagement from the group, no returns were received, and the invested amount vanished without a trace.

Realizing the deception, Jayananda approached the CEN Crime Police Station, where a case has now been registered. Authorities have launched an investigation to trace the perpetrators and recover the funds.

A Broader Wake-Up Call

This case isn't just about one man’s financial loss — it highlights a rising trend in cybercrime, where fraudsters use fake WhatsApp groups, cloned identities, and psychological tactics to lure unsuspecting investors. The elderly and semi-retired professionals are increasingly being targeted.

Key Takeaways for the Public:
•    Never trust financial advice from unknown WhatsApp groups or Telegram channels.
•    Always verify investment platforms through official sources.
•    Avoid transferring money to personal or unfamiliar bank accounts.
•    Report suspicious groups immediately to cybercrime authorities.

Police have urged the public to remain vigilant and avoid falling for schemes that promise unrealistic returns. As investigations continue, Jayananda’s case serves as a sobering reminder: in the digital age, even the smartest can be swindled — if they let their guard down.

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News Network
December 15,2025

Mangaluru police have arrested a 27-year-old NRI on his return from Saudi Arabia in connection with an Instagram post allegedly containing derogatory and provocative remarks about the Hindu religion, officials said on Monday.

The accused, Abdul Khader Nehad, a resident of Ulaibettu in Mangaluru, was working in Saudi Arabia when the post was uploaded, police said.

A suo motu case was registered at the Bajpe police station on October 11 after an allegedly offensive post circulated from the Instagram account ‘team_sdpi_2025’. Police said the content was flagged for being provocative and derogatory in nature.

During the investigation, technical analysis traced the Instagram post to Nehad, who was residing abroad at the time, a senior police officer said. Based on these findings, a Look Out Circular (LOC) was issued against him.

On December 14, Nehad arrived from Saudi Arabia at Calicut International Airport in Kerala, where he was taken into custody on arrival. Police said further investigation is underway.

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News Network
December 13,2025

New Delhi: School-going children are picking up drug and smoking habits and engaging in consumption of alcohol, with the average age of introduction to such harmful substances found to be around 13 years, suggesting a need for earlier interventions as early as primary school, a multi-city survey by AIIMS-Delhi said.

The findings also showed substance use increased in higher grades, with grade XI/XII students two times more likely to report use of substances when compared with grade VIII students. This emphasised the importance of continued prevention and intervention through middle and high school.

The study led by Dr Anju Dhawan of AIIMS's National Drug Dependence Treatment Centre, published in the National Medical Journal of India this month, looks at adolescent substance use across diverse regions.

The survey included 5,920 students from classes 8, 9, 11 and 12 in urban government, private and rural schools across 10 cities -- Bengaluru, Chandigarh, Delhi, Dibrugarh, Hyderabad, Imphal, Jammu, Lucknow, Mumbai, and Ranchi. The data were collected between May 2018 and June 2019.

The average age of initiation for any substance was 12.9 (2.8) years. It was lowest for inhalants (11.3 years) followed by heroin (12.3 years) and opioid pharmaceuticals (without prescription; 12.5 years).

Overall, 15.1 per cent of participants reported lifetime use, 10.3 per cent reported past year use, and 7.2 per cent reported use in the past month of any substance, the study found.

The most common substances used in the past year, after tobacco (4 per cent) and alcohol (3.8 per cent), were opioids (2.8 per cent), followed by cannabis (2 per cent) and inhalants (1.9 per cent). Use of non-prescribed pharmaceutical opioids was most common among opioid users (90.2 per cent).

On being asked, 'Do you think this substance is easily available for a person of your age' separately for each substance category, nearly half the students (46.3 per cent) endorsed that tobacco products and more than one-third of the students (36.5 per cent) agreed that a person of their age can easily procure alcohol products.

Similarly, for Bhang (21.9 per cent), ganja/charas (16.1 per cent), inhalants (15.2 per cent), sedatives (13.7 per cent), opium and heroin (10 per cent each), the students endorsed that these can be easily procured.

About 95 per cent of the children, irrespective of their grade, agreed with the statement that 'drug use is harmful'.

The rates of substance use (any) among boys were significantly higher than those of girls for substance use (ever), use in the past year and use in the past 30 days. Compared to grade VIII students, grade IX students were more likely, and grade XI/XII students were twice as likely to have used any substance (ever).

The likelihood of past-year use of any substance was also higher for grade IX students and for grade XI/XII students as compared to grade VIII students.

About 40 per cent of students mentioned that they had a family member who used tobacco or alcohol each. The use of cannabis (any product) and opioid (any product) by a family member was reported by 8.2 per cent and 3.9 per cent of students, respectively, while the use of other substances, such as inhalants/sedatives by family was 2-3 per cent, the study found.

A relatively smaller percentage of students reported use of tobacco or alcohol among peers as compared to among family members, while a higher percentage reported inhalants, sedatives, cannabis or opioid use among peers.

Children using substances (past year) compared to non-users reported significantly higher any substance use by their family members and peers.

There were 25.7 per cent students who replied 'yes' to the question 'conflicts/fights often occur in your family'. Most students also replied affirmatively to 'family members are aware of how their time is being spent' and 'damily members are aware of with whom they spend their time'.

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