By ETF Desk
In early July, Udupi police arrested a 32‑year‑old woman following allegations that she had cheated a local realtor out of ₹70 lakh and then threatened to blackmail him for further financial gains.
According to the police report, the suspect allegedly used forged documents to secure a property transaction, siphoning the full amount from the realtor’s escrow account before disappearing with her. Following a forensic audit, authorities traced the funds to the victim’s bank and identified a chain of illicit transfers that had been laundered through multiple accounts.
The arrest has triggered a broader investigation into property frauds in the district, with the Karnataka Police expressing a commitment to clamp down on such scams. The woman now faces charges under the Indian Penal Code for theft, fraud and blackmail. Source: Google News – Udupi.