By ETF Desk
Three women have been named among those charged in a large investment scam that has cost local citizens thousands of rupees.
The allegations, first reported by The420.in, claim that the conspirators misappropriated investor funds through fake investment opportunities, leaving many stranded.
Authorities are now gathering evidence and have indicated that the fallout could prompt stricter regulation of informal investment schemes in Udupi. Source: Google News – Udupi.