Mangaluru Police Arrest Three in ₹68 Lakh Extortion & ₹90 Lakh Stock Scam

The Mangaluru Police have made significant arrests in two major cybercrime cases under Kavoor Police Station. In the first case, Nisar, a resident of Kerala, was arrested for allegedly posing as a CBI officer and extorting Rs68 lakh from the victim. The scammer deceived the victim by claiming that legal action would be taken unless the money was paid.

In the second case, Sahil K.P. and Nashath R., both involved in a stock scam, were arrested for defrauding investors of Rs90 lakh. The duo promised high returns on stock investments, luring victims with false claims of lucrative opportunities. However, the investments were manipulated, and the victims lost their money.

Leading the investigation, Inspector Baindoor emphasized the importance of public vigilance in combating online fraud. The police have urged the public to remain cautious of unsolicited calls or investment opportunities that seem too good to be true.

These arrests highlight the growing threat of cybercrimes targeting individuals and businesses, underscoring the need for increased awareness and vigilance against fraudsters operating online. The Mangaluru Police are continuing their efforts to track down and apprehend other potential suspects involved in similar criminal activities.

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