Remove mandatory retirement' age for medical teachers: Dr Edmond Fernandes

In a stark reminder of the growing menace of cyber fraud, a man was duped of ₹46 lakh after falling prey to a fake stock market trading scam orchestrated via WhatsApp. The incident highlights the need for heightened awareness about online financial schemes and the importance of verifying investment opportunities.

How the Scam Unfolded
The victim reported receiving a WhatsApp message from a person posing as "Shraddha Belani," a supposed representative of ARES Management Corporation. The fraudster lured the victim with promises of a 500% profit through stock market trading. Trusting the offer, the victim followed an online registration link and was added to a WhatsApp group named ‘H 777 ARES Stock Exchange Group.’

The scam began small, with the victim transferring ₹2 lakh on October 24 to purchase stocks. He received a ₹50,000 profit the very next day, creating a false sense of trust. Encouraged by this, the victim made phased investments totaling ₹46 lakh.

The Trap Tightens
The fraud came to light on November 29 when the victim attempted to withdraw ₹20 lakh to meet financial needs. Unable to access his funds, he contacted the scamsters, who demanded an additional ₹8.78 lakh to "unlock" his account. At this point, the victim realized he had been duped and promptly filed a complaint via the Cyber Crime Portal.

Police Action and Awareness Message
A case has been registered at the Mangaluru Cyber Economic & Narcotics Crime (CEN) station, and an investigation is underway. Authorities are urging the public to exercise caution while engaging in online financial transactions and to verify the authenticity of investment opportunities before parting with their money.

Avoid Falling Victim

1. Verify Sources: Never trust unsolicited messages, emails, or calls about investments.
2. Beware of Unrealistic Promises: Offers of guaranteed high returns are often fraudulent.
3. Consult Experts: Always seek advice from trusted financial advisors or institutions.
4. Report Suspicious Activity: Use the Cyber Crime Portal to report scams promptly.

The incident serves as a stark warning against the perils of online fraud. Staying vigilant and skeptical can save you from falling into similar traps.

Mangaluru: The upcoming assembly session at Suvarna Soudha, Belagavi, scheduled from December 9 to 19, will primarily focus on addressing issues pertaining to North Karnataka, according to Assembly Speaker U T Khader. "While the main emphasis will be on North Karnataka, concerns from other regions will also be part of the discussions," he clarified.

Speaking to reporters at the Circuit House in Mangaluru on Thursday, Khader shared that a meeting of the Business Advisory Committee had been convened, with the Chief Minister, Leader of the Opposition, and other key figures in attendance to ensure effective deliberations during the session.

"The session was initially planned from December 9 to 20. However, it was later decided to conclude it by December 19, as the All India Kannada Literary Convention is set to begin on December 20 in Mandya," Khader explained.

When asked about the process for discussions in the Assembly, Khader assured, "Discussions will take place according to the established rules."

The Speaker also highlighted his participation in various international conferences. "As Speaker of the Legislative Assembly, I have consistently sought opportunities to represent the Assembly at overseas conventions. I am pleased to announce that I will be attending the International Peace Conference in Vatican City," he said. "It is an honor to participate as a representative of the Mangaluru constituency and as the Speaker of the Assembly."

In response to questions about government grants, Khader remarked, "Grants do not come automatically. MLAs must actively follow up with the relevant authorities rather than simply complain about the lack of grants in their constituencies."

Addressing the tragic incident of three students drowning at a resort in Ullal, the Speaker emphasized, "The Deputy Commissioner has been instructed to enforce strict safety measures in resorts to prevent such incidents in the future."

Bengaluru: Karnataka has declared a holiday for state government offices, schools and colleges on Wednesday, December 11, in the wake of a state funeral for former chief minister S M Krishna, who passed away in Bengaluru on Tuesday.

The last rites of Krishna, 92, will be held at his native village of Somanahalli in Mandya's Maddur taluk.

A government order stated that the holiday would apply to private aided educational institutions too.

Besides, the government has declared three days of mourning (December 10-12), during which no public entertainment programmes would take place, while the national flag would fly at half-mast.

S M Krishna passed away at his residence on December 10, 2024. The 92-year-old veteran politician was ailing for quite some time, a family source said.

A charismatic leader with a modern outlook, he not only laid a strong foundation for the growth of IT and BT industries in Karnataka but also managed to get them onboard with the government to build “Brand Bengaluru” at the international level.

He held several prominent positions throughout his career as External Affairs Minister, Maharashtra Governor, Chief Minister of Karnataka, Speaker of Karnataka Legislative Assembly and Minister in the Karnataka government.

Although known for his tech savviness, flamboyancy, style and the Western outlook, the Congressman-turned-BJP senior leader was a hardcore Bengalorean who loved the city’s trees and flowers. SMK also had a love for tennis. Even when he was Chief Minister, he would visit the tennis court to play the game two to three times a week.