Udupi man loses ₹19.5L in online trading investment fraud case

A resident of Udupi has been duped of ₹19.5 lakh in an online trading investment scam. The victim, who wishes to remain anonymous, had invested in a trading platform that promised high returns on investment. However, the platform turned out to be a scam, and the victim lost a significant amount of money.

The police have received a complaint from the victim and are investigating the matter. The police are trying to track down the culprits behind the scam and recover the lost amount.

The incident highlights the need for caution when investing in online trading platforms. It is essential to do thorough research and verify the authenticity of the platform before investing any money.

Source: Google News – Udupi.