ADVERTISEMENT
Bengaluru civil engineer loses Rs 1.95 lakh to trading scamThe victim, identified as Akash K M, works for a private firm. In his complaint, he said that he received a link from an unknown number on May 17, claiming to offer trading opportunities.
Naina J A
Last Updated IST
<div class="paragraphs"><p>Image showing a handcuff and the word fraud. (For representational purposes.)</p></div>

Image showing a handcuff and the word fraud. (For representational purposes.)

Credit: iStock Photo

Mangaluru: A 29-year-old civil engineer from Bengaluru, currently residing in Puttur, fell victim to a cyber fraud involving an online trading platform losing nearly Rs 2 lakh.

ADVERTISEMENT

The victim, identified as Akash K M, works for a private firm. In his complaint, he said that he received a link from an unknown number on May 17, claiming to offer trading opportunities.

Believing the link to be genuine, he transferred a total of Rs 1,95,670 between May 17 and May 29, expecting to earn profits. However, when the operators of the trading app failed to respond and did not return his money, Akash realised he had been duped.

He immediately contacted the 1930 Cyber Helpline and lodged a formal complaint. Puttur Town Police have registered a case under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) and Section 66(D) of the Information Technology Act.

ADVERTISEMENT
(Published 10 November 2025, 14:54 IST)