A Mini Venice Floating Toward the Future? Social Media Reacts as Flooding Strikes Bengaluru

Mangaluru, Oct 22: A Mangaluru resident has fallen victim to a ₹20 lakh scam after being lured into a fraudulent investment scheme by individuals posing as representatives of J.P. Morgan India. The case, filed at Kadri police station, highlights the growing threat of investment fraud in the region.

The victim, whose identity has not been disclosed, was contacted on September 24 by a man named Vishwanathan, who falsely introduced himself as the Chief Investment Strategist for J.P. Morgan India. Shortly after, a woman named Neeta Sharma reached out, using multiple phone numbers to convince the victim of her association with the prestigious financial firm. She shared a company link and urged the victim to invest ₹20 lakh, promising high returns.

On October 14, after being convinced by Neeta's claims, the victim transferred ₹20 lakh to the fraudulent account. Following this, Neeta instructed the victim to purchase 1,000 shares at ₹240 per share, which he did. The next day, she advised buying 7,900 more shares at ₹250.95 each, further strengthening her false credibility.

However, trouble arose when Neeta told the victim to withdraw the invested amount. Instead of receiving the full sum, the victim was sent only ₹1,500, transferred from an unknown account. When questioned, Neeta could not provide a clear explanation for the discrepancies.

Sensing the deceit, the victim demanded a full refund of his investment. Neeta, however, brazenly asked for an additional ₹4 lakh, prompting the victim to realize the extent of the fraud. He then filed a formal complaint with the Kadri police.

This incident serves as a critical reminder for the public to remain vigilant against fraudulent schemes, particularly those involving investment promises from unverified sources. Always ensure that you verify the legitimacy of financial institutions and representatives before transferring funds. 

The Kadri police are investigating the case and have urged the public to stay alert and report any suspicious investment schemes.

Tips to Protect Yourself from Investment Scams:

1.    Verify Credentials: Always cross-check the credentials of anyone claiming to represent a reputable financial institution. Use official contact information from the company's website to verify.

2.    Be Skeptical of Unsolicited Offers: Be cautious of unexpected investment offers, especially those that promise unusually high returns.

3.    Conduct Thorough Research: Before investing, investigate the company and the proposed investment thoroughly. Look for reviews, ratings, and any red flags.

4.    Report Suspicious Activity: If you suspect a scam, report it immediately to local authorities or financial regulatory bodies to prevent further fraud.

A Bengaluru-bound Akasa Air flight and Delhi-bound IndiGo flight received bomb threats on Wednesday, taking the number of such threats to 12 in three days.

An Akasa Air spokesperson said the flight QP 1335 had 177 persons, including 3 infants, and seven crew members on board. The flight returned to Delhi.

Meanwhile, IndiGo's 6E 651 Mumbai-Delhi flight was redirected to Ahmedabad. The aircraft was isolated, and all passengers were safely disembarked, an IndiGo Spokesperson said.

Apart from an Air India Delhi-Chicago flight, the Dammam-Lucknow IndiGo flight, Ayodhya-Bengaluru Air India Express, a SpiceJet flight from Darbhanga to Mumbai (SG116), an Akasa Air flight from Bagdogra to Bengaluru (QP 1373) an Alliance Air Amritsar-Dehradun-Delhi flight (9I 650) and an Air India Express flight (IX 684) from Madurai to Singapore received bomb threats on Tuesday.

On Monday, two IndiGo and one Air India flight received hoax threats. These included an Air India flight AI119 from Mumbai to New York's JFK Airport, and IndiGo flight 6E1275 bound for Muscat, and flight 6E56 heading to Jeddah.

A Parliamentary Standing Committee met at 11 am over the issue. This was preceded by a meeting called by Civil Aviation Minister Ram Mohan Naidu with Civil Aviation Ministry and DGCA officials.

According to sources some culprits have been identified and the dark web is also being monitored.

Bengaluru, Oct 17: Karnataka chief minister Siddaramaiah on Thursday announced that all government residential schools in the state will be renamed as Maharishi Valmiki Residential Schools.

He further said that the Raichur University will be renamed as Maharishi Valmiki University, news agency ANI reported.

He made the announcement on the occasion of Valmiki Jayanti, which is celebrated to honor Maharishi Valmiki, the revered author of the Ramayana.

Earlier today, the Karnataka CM paid rich tributes to Valmiki in a series of posts on X.

"Let the life and achievements of Dalit genius, Adi Kavi Valmiki, who wrote the epic Ramayana and showed that talent is not a gift of birth, but an achievement, be an inspiration to all of us," he said.