Mangaluru man duped of Rs 10.55 lakh in Instagram ‘digital gold’ investment scam
Mangaluru: A 57-year-old man has allegedly been cheated of Rs 10.55 lakh by online fraudsters who lured him into investing in a so-called digital gold trading platform through Instagram, Deccan Herald reported on Tuesday.
According to the complaint, the victim was browsing Instagram at his residence on November 12, 2025, when he received a message from an account named “Suhani Patel.” The accused initiated a friendly conversation and later persuaded him to invest in the “digital gold market,” promising high returns.
The accused subsequently shared a mobile number and sent a link via WhatsApp, asking the complainant to install an application called “Kanak Daam Exchange.” Following the instructions, the victim downloaded the app and registered.
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The accused told the complainant that all transactions would be handled through the app’s customer service. Following their instructions, the complainant contacted the customer service through the app and sent a message requesting US dollars in exchange for Indian rupees. He was then directed to transfer money to specific bank accounts provided by the accused.
Trusting the claims, the complainant transferred Rs 1,50,000, Rs 3,45,000 and Rs 5,60,000 in multiple transactions, amounting to a total of Rs 10,55,000.
Subsequently, the app displayed that his total investment had grown to Rs 60 lakh. However, when he attempted to withdraw the amount due to personal financial needs, the request was denied. On contacting customer service, he was informed that he would have to pay 30 per cent of the total amount as “tax” before any withdrawal could be processed.
Growing suspicious, the complainant reportedly consulted officials at Canara Bank, who advised him that it was a fraud and warned him not to transfer any more money. When he confronted the accused, the amount displayed in the app was allegedly reduced to zero, and he was blocked from further communication.
Despite further attempts to contact “Suhani Patel,” the accused allegedly continued to assure him that the lost money would be returned, before eventually blocking him.
The complainant stated that he was cheated between November 12, 2025 and February 27, 2026, and has urged police to take action against the fraudsters.
A case has been registered, and further investigation is underway.
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Woman Police Commissioner goes undercover to assess women's safety in Hyderabad
Hyderabad (PTI): Soon after taking over as Malkajgiri Police Commissioner B Sumathi went undercover and took up a field visit after midnight on May 1 to assess law and order, including women's safety.
Sumathi assumed charge as the Malkajgiri Police Commissioner on May 1.
On the same night, the senior IPS officer, in plainclothes, moved through the streets of Dilsukhnagar here, standing alone for some time to get a first-hand knowledge of law and order situation, official sources said on Wednesday.
"It was a general checking and she later interacted with police officials," they said.
The sources said about 30-40 individuals who approached her were counselled regarding their behaviour towards women in public places.
Sumathi, who earlier headed the Special Intelligence Branch (SIB), of the Telangana Police, oversaw the long drawn process of the Maoists joining the mainstream.
