Tag: Fake Investment Scheme

Lure of trading profits: Man loses Rs. 63 lakh
News

Lure of trading profits: Man loses Rs. 63 lakh

May 25, 2026

Mysore/Mysuru: A 53-year-old man from Gokulam lost more than Rs. 63 lakh to online fraudsters after falling prey to a fake investment scheme promoted through social media. The victim, Mahesh (name changed), stated in his complaint that he came across an investment advertisement while browsing Instagram on Feb. 3. Soon, he received a call from…

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