Udupi man duped of ₹19.5L in online trading investment fraud

A resident of Udupi district in Karnataka has been duped of ₹19.5 lakh in an online trading investment fraud. According to sources, the victim invested in a trading platform, but the company turned out to be a scam.

The victim, who wishes to remain anonymous, had invested ₹19.5 lakh in the online trading platform, expecting to earn a substantial return. However, the company failed to deliver on its promises, and the victim soon realized that it was a scam.

The incident has left the victim financially drained and has raised concerns about the safety of online trading investments in the region. The police are investigating the matter and have assured the victim of their support.

Source: Google News – Udupi.