News

Man posing as finance firm manager cheats woman of Rs. 1.60 lakh 

October 18, 2026

Mysuru: A man, posing as a manager of a private finance firm, allegedly cheated a woman of Rs. 1.60 lakh after collecting her credit cards details. 

The woman, who was cheated is a 40-year-old resident of Sharadadevinagar in city. The woman, who was need in of money, was trying to secure a loan when she came to know one Somashekar from her brother’s friend.  

Somashekar told the woman that he was the Manager of Samruddhi Finance Company. Later, he told her that Rs. 46 lakh loan was approved & collected the details of two credit cards saying that it was required to release the loan. 

When the woman went through the statements of her credit cards, a total of Rs. 1,59,999 was utilised from her credit cards. 

A complaint was lodged at city’s CEN Police Station. 

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