Udupi: Woman loses Rs 51 Lakhs to bogus online investment scheme
Team Udayavani, Dec 22, 2023, 9:31 AM IST
Representative image (Source: iStock)
A woman from the city fell prey to a bogus investment scheme, losing Rs 51.9 lakhs to online crooks. The victim was promised inflated returns through investments in the share market.
According to the complaint, unidentified individuals reached out to her via Telegram and WhatsApp, claiming themselves to be affiliates of the Tiger Global Trade mobile app.
They assured the woman substantial profits from stock market investments and persuaded her to invest money by guaranteeing returns, which could be withdrawn within a remarkably short span of 48-72 hours. Succumbing to their promises, the woman transferred a total sum of Rs 51.90 lakhs into this scheme, through UPI and IMPS transactions between November 16 and December 13.
However, neither the promised returns materialized nor was the invested amount returned. A case has been filed at the CEN police station.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Bengaluru suffering from apathy of state govt; investors moving away: Goyal
Raid at Mangalore Port: Two child laborers rescued
Court grants conditional bail to BJP MLA Munirathna
Kinnigoli: Lokayukta police catch panchayat officials in bribery case
Udayavani.com “Nammane Krishna”: Broadcast of 3rd Prize-Winning Reel
MUST WATCH
Latest Additions
One more test negative for Nipah virus; 134 fall under high-risk category
Bengaluru suffering from apathy of state govt; investors moving away: Goyal
Raid at Mangalore Port: Two child laborers rescued
Court grants conditional bail to BJP MLA Munirathna
Why PM ‘adamantly refusing’ to go to Manipur: Cong ahead of Modi’s US trip
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.