Couple Arrested in Udupi Over Rs 23 Lakh Fraud Scheme

In a police operation on Tuesday, authorities in Udupi arrested a male and female suspect believed to have carried out a fraudulent investment scheme that collected Rs 23 lakh from local residents.

The couple lured investors with promises of high returns, targeting especially senior citizens. Their actions were traced after several complaints filed with the district police’s fraud unit.

The arrest signals a broader crackdown on financial scams in the area and provides some hope for victims to recover their losses. Residents are urged to verify any investment opportunities with official channels. Source: Google News – Udupi.