Udupi man duped of ₹19.5L in online trading investment scam
By ETF Desk
A resident of Udupi district, Karnataka, has lost ₹19.5 lakh to an online trading investment scam. The victim, whose identity has not been disclosed, reportedly invested in a fraudulent trading platform, which promised unusually high returns. However, the platform turned out to be a scam, and the victim lost a significant amount of money.
The incident highlights the growing threat of cybercrime in the region. Online scams and phishing attacks have become increasingly common in Udupi district, with many residents falling prey to these schemes. The Udupi police have launched an investigation into the matter and are working to recover the lost funds.
The incident serves as a reminder to residents of Udupi district to be cautious when investing in online platforms and to verify the authenticity of such platforms before making any investments. The EaseToFind news team advises residents to be vigilant and to report any suspicious activities to the authorities immediately.