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, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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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 2,2025

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Bengaluru: 'Nati koli saaru' (country chicken curry) considered one of Chief Minister Siddaramaiah’s favourites along with steaming hot idlis was on the breakfast menu at Deputy CM D K Shivakumar’s residence on Tuesday, according to official sources.

The spread also included 'nati koli' fry, vada and pongal, among other items, they said.

In an apparent show of unity, Siddaramaiah visited Shivakumar’s residence for breakfast, just days after the two leaders shared a meal amid a simmering power tussle in the state Congress.

Siddaramaiah drove to the Deputy CM’s residence in Sadashivanagar, where he was received by Shivakumar and his brother D K Suresh, who is a former Congress MP.

Suresh and Kunigal MLA H D Ranganath, a relative of Shivakumar, joined them for breakfast, which featured a mix of vegetarian and non-vegetarian dishes.

Speaking to reporters later, Siddaramaiah said Shivakumar had invited him during his visit to the CM’s residence for breakfast on Saturday.

Asked about the difference between the two meals, the chief minister said, "At his (Shivakumar’s) house it was non-veg, while at my house it was veg. He is a vegetarian, I am a non-vegetarian. I had not prepared non-veg. I told DK to get chicken from the village as you won’t get the original in Bengaluru."

Shivakumar said he had initially invited Siddaramaiah to his residence, but the CM had suggested visiting his place first and reciprocating later. "It was a vegetarian breakfast at the CM’s house on Saturday," he noted.

"Today, I invited him (the CM) to my house. He enjoyed the breakfast, which had his Mysuru taste," Shivakumar added. At this point, Siddaramaiah remarked that Shivakumar’s wife is also from Mysuru.

Saturday’s breakfast at Siddaramaiah’s official residence, held as part of efforts by the Congress high command to ease tensions in the leadership dispute between the two, reportedly included idlis and sambar, according to official sources.

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