Udupi resident duped of ₹19.5L in online trading investment scam
GeneralSunday, 16 August 20260 views0 comments

Udupi resident duped of ₹19.5L in online trading investment scam

By ETF Desk

A resident of Udupi district has fallen victim to an online trading investment scam, losing a substantial amount of ₹19.5 lakh. The victim, whose identity has not been disclosed, had invested in an online trading platform, only to find out that it was a fraudulent scheme.

The Udupi police are currently investigating the matter, and efforts are being made to track down the perpetrators. This incident highlights the need for increased awareness about online investment scams and the importance of verifying the authenticity of online trading platforms.

The impact of this incident is not limited to the financial loss suffered by the victim. It also raises concerns about the growing menace of cybercrime in the region, which can have far-reaching consequences for the community at large. Source: Google News – Udupi.

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