21:I[39995,["4935","static/chunks/e37a0b60-4709a705b881828e.js","3219","static/chunks/wordpress-api-d56ebbe92edf0c96.js","9173","static/chunks/supabase-00701abf3b08d1f0.js","5179","static/chunks/components-43e3ecedf8e6aeeb.js","4121","static/chunks/vendor-2d63e238221ba902.js","8861","static/chunks/8861-de871391e125f45f.js","2512","static/chunks/2512-23592afb787ac2c0.js","5145","static/chunks/app/en/post/%5Bslug%5D/page-9301ab9e067070be.js"],"default"] 22:T59a,

Udupi, March 25, 2026: A major cyber fraud case has been reported in Udupi city, where a resident was swindled of ₹57,70,945 under the pretext of high returns on online stock market investments. The victim, identified as Anil, fell prey to the scam after responding to a video advertisement he encountered on Facebook.

According to the complaint, unidentified fraudsters convinced Anil that investing in “International Reporting AI Trading” would yield significant profits. He was subsequently added to a WhatsApp group named “Manav Verma,” where the scammers encouraged him to trade in the stock market. Believing their promises, Anil transferred a total of ₹57.7 lakh through NEFT and RTGS to various bank accounts suggested by the accused between December 2, 2025, and February 9, 2026.

The fraud came to light when neither the principal amount nor the promised profits were returned to him. Following the formal complaint, the Udupi CEN (Cyber, Economic, and Narcotic) Crimes Police Station has registered a case (Cr. No. 18/2026) under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS). An investigation is currently underway to track the fraudulent accounts and identify the culprits.

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