Udupi: A woman was allegedly cheated of Rs 11.75 lakh in an online trading scam after being lured through a YouTube video and a WhatsApp group promising high returns.

According to Deccan Herald, the victim came across a YouTube video related to “Amar Ujala Bonus” trading and downloaded an app with the same name to learn about stock trading. About 15 days later, she was added to a WhatsApp group titled “A20 Stock Market Profit Guide,” where online trading classes were conducted.


The accused later shared a link and instructed her to download another application named “SALT CAP.” She was asked to complete KYC formalities in the app. Subsequently, she was guided to invest in a trading firm called “Saltovo Capital Exclusive Stock Account.”

Following their instructions, following their instructions, she transferred money in multiple instalments to different bank accounts between March 6 and 14. In total, she transferred Rs 11.75 lakh.

However, neither the invested amount nor any promised returns were paid. Realising that she had been cheated, she approached the police and filed a complaint.

A case has been registered at the CEN Police Station under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS). Further investigation is underway.

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Male (PTI): Raymond Group Chairman & Managing Director Gautam Hari Singhania has sustained injuries, while two Indian nationals are reported missing after a speedboat capsized near Felidhoo island in the Maldives, according to local media reports.

There were seven people on board at the time of the incident near Vaavu atoll early Friday morning. Two women – a British national and a Russian national - and five Indian men were on board, the Edition.mv reported.

Police said five people fell into the sea when the vessel overturned, including the Russian woman and four Indian men.

Singhania, 60, who was among the tourists, has been rescued.

Citing police, news portal Adhadhu reported that he sustained minor injuries in the accident. He was discharged from the hospital after treatment, it added.

"The two missing persons are Indian nationals," police said, adding that search operations are on.

"The speedboat belongs to his yacht, TT Ashena. The Maldivian Coast Guard is still looking for two people who went missing in the accident," Adhadhu reported.

Citing sources, it said that the vessel involved in the accident was a Cigarette racing boat designed to be driven at high speeds.

Maldives National Defence Force's Male Area Command Coast Guard Second Squadron is searching for the missing individuals. The incident occurred about two nautical miles southwest of Keyodhoo, MNDF said.