Udupi resident falls prey to ₹19.5L online trading investment scam
By ETF Desk
A resident of Udupi district in Karnataka has fallen prey to an online trading investment scam, losing ₹19.5 lakh in the process. According to reports, the victim had invested in a scheme that promised high returns, but turned out to be a fraud. The incident has raised concerns about the growing number of such scams in the region.
The Udupi police have launched an investigation into the matter and are working to identify the culprits behind the scam. Authorities have warned citizens to be cautious while investing in online schemes and to verify the authenticity of such investments before making any transactions.
The loss of ₹19.5 lakh is a significant amount for the victim and has left them financially drained. The incident highlights the need for greater awareness about online scams and the importance of taking necessary precautions to prevent such incidents.
Source: Google News – Udupi.