Police investigating an online trading scam arrested Mohammed Kais (20) from Surathkal, Ahmed Anveez (20) from Kaup (Udupi district), and Safwan (30) and Taseer (31) from Bantwal (Dakshina Kannada) for their involvement in a Rs 75 lakh fraud.
The complainant, Jossy Ravindra D’Cruz (54) from Kaup, was lured by a woman named Arohi Agarwal through Facebook in February. She convinced him to invest money in FXCM Gold Trading, promising high returns. Trusting her claims, Jossy transferred Rs 75 lakh in installments from his bank account.
A case was registered at Udupi CEN crime police station under the IT Act and Section 318(4) (cheating) of the Bharatiya Nyaya Sanhita (BNS). Acting on the complaint, a special team led by Inspector Ramachandra Naik, under the supervision of Udupi SP Hariram Shankar, Additional SP Sudhakar Naik, and ASP Harsha Priyamvada, conducted raids resulting in the arrest of the four accused.
Police seized Rs 4 lakh in cash and multiple mobile phones during the operation. Efforts to apprehend other suspects still at large are ongoing.
