Online Investment Scam: Innocent Man Defrauded Over Rs 15.5 Lakh
Ashwith, a 34-year-old man, lost over Rs 15.5 lakh in an online scam perpetrated through a messaging app. The fraudulent scheme revolved around an investment task that misled him into multiple payments. A formal complaint has been lodged, with investigations currently ongoing.
- Country:
- India
A 34-year-old man, Ashwith, fell victim to a colossal scam that drained more than Rs 15.5 lakh from his account. The scam, orchestrated via a messaging app, lured him into a fraudulent investment scheme, according to information shared by the police on Wednesday.
Police confirmed that Ashwith lodged a complaint at the Karkala town station after being defrauded by an online investment task known as 'S-coin'. Initially contacted on January 28, 2025, by a number registered under the name Meena Sakpal, he was persuaded to share his banking details and make payments, believing the scheme to be legitimate.
Repeated transactions, made between January 29 and June 19, 2025, resulted in a significant financial loss. Despite promises of returns, he was further pressured to pay additional amounts under the guise of taxes. The police are now delving deeper into the matter to track the culprits behind this cyber deception.
(With inputs from agencies.)
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