Udupi (Karnataka), Jul 23 (PTI): A 34-year-old man has allegedly lost over Rs 15.5 lakh to an online scam after being lured into a fraudulent investment scheme via a messaging app, police said on Wednesday.

The victim, identified as Ashwith, filed a complaint at the Karkala town police station, following which an FIR was registered under the Information Technology Act, they added.

Ashwith, according to police, received a WhatsApp message on January 28, 2025, from a number registered under the name Meena Sakpal, inviting him to join an "S-coin investment task" through the app.

Believing the message to be "genuine", he followed the instructions, shared his account details, and made multiple payments between January 29 and June 19, 2025.

The funds, totalling Rs 15,52,650, were transferred from his Maharashtra Bank account in Mangaluru to a UPI-linked account. After making the payments, he was asked to invest more and later told to pay a tax to retrieve his money, a senior police officer said.

When the funds were not returned, Ashwith approached the police.

Further investigation is underway, police added.

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Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.

The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.

As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.

"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.

"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.

Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.