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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If Constitution amendment bill is passed, democracy will be finished in India: Priyanka
New Delhi (PTI): In a stinging attack, Congress leader Priyanka Gandhi Vadra on Thursday said the government began finishing off democracy by putting pressure on institutions, such as the Election Commission (EC) and the judiciary, but now, an "open attack" has been launched on democracy with the Constitution amendment bill.
Participating in a debate in the Lok Sabha on three bills introduced for amendments in the women's-quota law and setting up a delimitation commission, Priyanka Gandhi asked why can't the government give 33 per cent reservation to women on the current 543 seats of the Lok Sabha.
She said the bill talks of increasing the number of Lok Sabha seats to up to 850 -- to be done by a delimitation commission on the basis of the 2011 Census data.
"This seems fine on the surface but the real meaning comes to the fore when one carefully reads it. It smells of politics," the Congress leader said.
She said on reading the fine print, it shows that the three members of the delimitation commission will decide the fate of the states and their representation in Parliament.
"The government began finishing off democracy by putting pressure on institutions, such as the Election Commission, the judiciary, the media etc., but now, an open attack on democracy is being launched," Priyanka Gandhi said.
If this Constitution amendment bill is passed in Parliament, democracy will be finished in India, she added.
The Congress MP also narrated a background to the issue of women's reservation in legislative bodies.
"This issue is close to the heart of every woman. There is a background to this issue. The prime minister said this issue was blocked for 30 years. This was started by a person called Nehru. Not the Nehru they avoid so much but Motilal Nehru, who as the president of a committee prepared a list of 19 rights which were then passed as a resolution at the Karachi session of the Congress and formed the basis of giving women equal rights in Indian politics," she said.
She said it was Rajiv Gandhi who, as the prime minister, brought a bill for women's reservation in panchayats and nagarpalikas and finally, the bill for it was passed during the P V Narasimha Rao government of the Congress.
"Under the UPA, this was passed in the Rajya Sabha but a consensus could not be reached in the Lok Sabha. In 2018, Rahul Gandhi wrote a letter to Prime Minister Narendra Modi, calling for women's reservation," Priyanka Gandhi said.
Taking a swipe at Modi, she said it seems from the prime minister's address that the ruling Bharatiya Janata Party (BJP) is a champion of women's reservation.
"Any woman would tell you that women easily recognise those who try to mislead them," she said and urged the BJP to be careful.
"In 2023, when this law was passed, the Congress supported it and today also, the Congress is strongly in support of women's reservation. But the truth is that the debate is not on women's reservation. The bill that the government has brought has changed the direction of the debate," Priyanka Gandhi said and hit out at the BJP over the delimitation provisions in the bill.
The Constitution (131st Amendment) Bill to tweak the women's-quota law was introduced in the Lok Sabha on Thursday after a division of votes.
Two ordinary bills -- the Delimitation Bill and the Union Territories Laws (Amendment) Bill to implement the proposed amended women's-quota law in the Union territories of Delhi, Puducherry and Jammu and Kashmir -- were also introduced in the House.
