Daijiworld Media Network - Mangaluru

Mangaluru, Jan 15: In a major breakthrough, the Mangaluru CEN (Cyber Economic and Narcotic) police have arrested two Kerala natives involved in a cyber fraud scheme that defrauded a victim of over Rs 77 lac through fake stock market investment promises.

The accused contacted the victim via WhatsApp, claiming they could generate huge returns from stock investments. The victim, believing the false claims, transferred a total of Rs 77,96,322.08. Investigations revealed that part of the money, Rs 26,27,114.4, was sent to a bank account in West Bengal.

Further tracing of the funds led authorities to Umar Valiyaparambath, 41, from Kannur, Kerala. It was discovered that Riyas M V, 45, also from Kannur, helped facilitate the withdrawal with a promise of a commission for the victim.

Both Umar and Riyas have been arrested, and the police are continuing their investigation to identify other potential suspects.

The operation was led by Mangaluru Police Commissioner Anupam Agrawal, IPS, and DCP (Crime) Siddhartha Goyal, with support from ACP Ravish Naik and other key officers.

How to stay safe

Vigilance is the key to avoiding such scams. If you receive such calls, never fall for the trap. Remember, police officials never initiate cases online or ask for money.

Most importantly, the term “digital arrest” is fabricated by scammers and does not exist in Indian law. If someone threatens you with it, it is undoubtedly a scam.

Additionally, never share bank details, OTPs, or other sensitive information over phone calls or messages, regardless of the caller’s claims. If you suspect a scam, report it to the authorities and your bank immediately. Quick action can help prevent further losses.