Yet another online investment scam has surfaced in Mangaluru, where a man was defrauded of ₹76.32 lakh after falling for a Telegram-based stock market scheme promising high returns.
How the Scam Unfolded
🔹 December 12, 2024 – Victim receives a message from “Sagarika Agarwal” on Telegram.
🔹 December 20, 2024 – He invests 1,200 dirhams (₹27,600) after getting a WhatsApp link to create an investment account.
🔹 Initial ‘Profit’ – A small dividend was credited to build trust.
🔹 Repeated Payments – Over time, he transferred ₹76,32,145 in multiple installments until March 11, 2025.
🔹 Fake Profits – The scammer’s portal showed an unreal profit of ₹1.36 crore.
🔹 Final Trap – When the victim tried to withdraw, he was asked to pay taxes first.
🔹 Realization & Complaint – The victim filed a complaint at the CEN police station after realizing he was scammed.
Warning Signs & Prevention Tips
⚠ Beware of unsolicited investment offers on social media & messaging apps.
⚠ Verify investment platforms before transferring funds.
⚠ Avoid making payments in installments without proper verification.
⚠ If an offer seems too good to be true, it probably is!
⚠ Report any suspicious activities to cybercrime authorities.
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