Landslide near NH, traffic movement affected
Vehicles queued up on either side
Nelyadi, July 21: Following heavy rain that has been lashing the region for the last few days, landsliding was occurred at a hillock near national highway 48 near Mannagundi of Nelyadi on Saturday and affected the traffic movement.
Due to landslide, the mud caved in on the road. Road work is going on from BC Road to Addahole by the L&T company and the work was going on at the place where landslide was occurred. But there were no workers when the incident happened.
As the mud caved in on the road, traffic movement was affected due to which vehicles queued up on either side of the road. Now, the company has been removing the mud from the road.
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Udupi: 48-year-old man loses Rs 46.92 lakh in online share market investment fraud
Udupi: In yet another digital scam, a 48-year-old man from Karnataka was duped into losing a staggering Rs 46.92 lakh in an online fraud disguised as a share market investment scheme.
The victim, identified as Avinash from Kundapur, lodged a complaint after realising he had been duped by fraudsters. He was added to a WhatsApp group named "Surendra VIP Free Bull Stock Sharing Group-X98" on September 17 and the group claimed to offer lucrative opportunities for earning profits through stock market investments, as reported by Deccan Herald on Monday. Trusting the group's promises, Avinash followed their advice and opened a ‘Zerodha D-mat account’ to start his investment journey.
Initially, Avinash invested Rs 10,000 as per the group's instructions. However, the scammers soon directed him to another demat account, "EMCEE – Invest Group Inc," and encouraged him to invest larger amounts. Believing in the potential for returns, Avinash transferred a total of Rs 46.92 lakh from his bank account to various accounts provided by unknown individuals.
The transactions were made via Google Pay and online banking in phased payments.
Avinash mentioned in the complaint that despite the significant sums invested, he never received any returns or profits, and the fraudsters failed to refund the amount, leading to massive financial loss.
After realising he had been scammed, Avinash filed a complaint to the CEN station in Udupi.
A case has been registered under Sections 66 (C), 66 (D) of IT Act and section 318 (4) of BNS act.
