Daijiworld Media Network - Udupi

Udupi, Nov 13: A 24-year-old man from Santuru has lodged a complaint at Padubidri police station after losing Rs 5 lac in a sophisticated fake stock market scam orchestrated through a WhatsApp link he encountered while searching for stock market tips on Instagram.

Uttam, a resident of Pilaru, Santuru Inner Area, reportedly remained in contact with unknown individuals from September 29 to November 9, during which he gradually lost the money. When he was unable to recover the funds, he approached the authorities.

Speaking to the media, it was reported that Uttam, who had an interest in the stock market, came across a WhatsApp group called “6 Invest Alliance A Team” on Instagram. Expressing interest, he was immediately instructed to download an app named “

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