Mangalore: A stock market workshop led by experienced investor and trainer Mohammad Salahuddeen took place at Hotel Srinivas in Mangalore on November 3, 2024, attracting a strong turnout of participants eager to enhance their understanding of the stock market.

Salahuddeen, who has over a decade of experience in stock market investing, organized the workshop with the aim of empowering attendees to become informed investors. His session focused on simplifying complex investment concepts and providing practical strategies for navigating stock market dynamics effectively.

During the event, Salahuddeen also launched his much-awaited guidebook on stock market investing, providing an additional resource for participants to continue their learning journey. Salahuddeen announced plans to continue sharing valuable insights on personal finance and stock market strategies through his website, [wealthwala.in] (https://wealthwala.in), expanding access to these resources for individuals across the region.

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Bengaluru, Dec 26: A Japanese national, Hiroshi Sasaki, who works in Bengaluru, lost Rs 35.5 lakh after being 'digitally arrested' by cyber fraudsters, police said, on Thursday.

 

The incident occurred between December 12 and 14, police added.

Sasaki, who lives in a flat near Dairy Circle, received a phone call on December 12. The caller was claiming to be from the Telecom Regulatory Authority of India. The caller informed him that his phone number would be blocked due to its unauthorised use.

To avoid the disconnection Sasaki was asked to dial a number.

Upon dialling the number, he was immediately connected to a WhatsApp call from someone claiming to be from the Cyber Crime wing of Mumbai Police. The caller informed Sasaki that he was involved in a money laundering case.

The fraudsters "digitally arrested" him and siphoned off Rs 35.5 lakh by having him make payments through various means, including RTGS.

He was also told that the money would be returned after the investigation was completed.

After realising that he had been duped, the victim approached the South East Cyber Crimes, Economics and Narcotics (CEN) police station and lodged a complaint.

'Digital arrest' is a new cyber fraud, where the fraudster poses as law enforcement agency officials from agencies like CBI, and customs and threatens people of arrest by making video calls.

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