In coastal districts, two persons become victims of a stock market trading scam and lose Rs 1.07 crore.

 <script type="text/javascript">

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<script type="text/javascript" src="//www.topcpmcreativeformat.com/0a765be3cfc2eab78241cf742dd47e51/invoke.js"></script><script type="text/javascript"> atOptions = { 'key' : '0a765be3cfc2eab78241cf742dd47e51', 'format' : 'iframe', 'height' : 90, 'width' : 728, 'params' : {} }; </script> <script type="text/javascript" src="//www.topcpmcreativeformat.com/0a765be3cfc2eab78241cf742dd47e51/invoke.js"></script>Today News Network of Mangalore<script type="text/javascript">

atOptions = { 'key' : '0a765be3cfc2eab78241cf742dd47e51', 'format' : 'iframe', 'height' : 90, 'width' : 728, 'params' : {} }; </script> <script type="text/javascript" src="//www.topcpmcreativeformat.com/0a765be3cfc2eab78241cf742dd47e51/invoke.js"></script>On October 9, 2024, in Mangaluru:Two people in Mangaluru and Udupi have lost a combined total of Rs 1,07,68,000 to con artists posing as share market traders in two different incidents.

A complaint about someone being conned out of Rs 90.90 lakh while claiming to be making large profits from share market trading has been filed at the Kavoor police station.

On July 1, the complainant claimed to have received a message from the WhatsApp group "613 HDFC Securities Official Stock," which promoted online share trading instruction.

The complaint received a link to open a trading account on July 16 from an unidentified source. After entering personal information, the complainant created an account. The first investment was Rs 5,000.

Then, as directed by unidentified individuals, a total of Rs 90.90 lakh was moved to other bank accounts between July 22 and August 16.

The complaint claimed that fraud resulted from the inability to withdraw the invested funds.

In a different instance, a guy fell victim to internet scam seeming to be dealing shares, losing Rs 16,78,500. In a complaint, Abdul Rafiyat alleged that he received an invitation to join a WhatsApp group called WEBISDOM.

He joined the group which then offered facts on share market trading and asked him to invest<script type="text/javascript"> atOptions = { 'key' : '0a765be3cfc2eab78241cf742dd47e51', 'format' : 'iframe', 'height' : 90, 'width' : 728, 'params' : {} }; </script> <script type="text/javascript" src="//www.topcpmcreativeformat.com/0a765be3cfc2eab78241cf742dd47e51/invoke.js"></script>