Police freeze ₹10 lakh of ₹19.8 lakh lost by Mangaluru resident

Mangaluru police successfully froze ₹10 lakh of the ₹19.8 lakh lost by a resident in an online investment fraud scheme. The victim was lured by a fake investment plan via WhatsApp, and authorities are continuing their search for the perpetrator.
Why it matters
The rise in sophisticated online financial scams necessitates quick police intervention and public awareness.
The Mangaluru Cyber, Economic offenses, and Narcotics (CEN) police froze ₹10 lakh of the ₹19.8 lakh allegedly lost by a Mangaluru resident in an online investment fraud.
In a complaint to the CEN police, a 53-year-old resident of Derebail said a woman identifying herself as Ananya Kulkarni sent him a WhatsApp link to what she claimed was Finsol Sarathi Plan, promising high returns on investment. The complainant clicked on the link and opened an account and transferred ₹19.8 lakh between June 29 and July 20 as investments. When the complainant sought to withdraw the amount, the woman reportedly asked him to invest more money. Suspecting fraud, the victim approached the police and filed a complaint.
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