Daijiworld Media Network – Udupi
Udupi, May 27: A 54-year-old man has reportedly fallen victim to an online investment fraud and lost Rs 75 lac in the process.
The victim, Ravindra D’Cruz Jossie (54), a resident of Shankarpura post, Kapu, had returned from abroad two years ago due to health issues after working as a manager.
As per the complaint, the victim came into contact with a woman named Arohi Agarwal via Facebook. In February 2025, she shared her WhatsApp number with him and gradually gained his trust. During their conversations, she allegedly convinced him to invest in FXCM Gold Trading, claiming high returns.
Trusting her, he transferred a total of Rs 75 lac in multiple installments from his Canara Bank account in Shankarpura between April 9 and May 12.
However, he neither received the promised returns nor the invested amount, making it clear that he had been cheated by unknown persons.
A case has been registered at the CEN crime police station based on his complaint.
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.