A 68-year-old woman from Mangaluru allegedly lost ₹10.15 lakh to an online investment fraud.

In a complaint to the Cyber Crime Police Station, Mangaluru, the victim said one Riya Iyer sent her a message through WhatsApp in March 2025 and asked her to join a group named Fidelity Group Equity Management Team, assuring good returns on investment.

The victim then received a link through which she opened an investment account. To invest, she transferred a total of ₹10.15 lakh between June 25 and July 9, 2026.

When she saw ₹34.10 lakh credited to her investment account, she asked how she could withdraw the amount. Riya then asked her to invest more money before she could withdraw it.

Realising that she had been cheated, the victim filed a complaint with the police seeking action against the fraudster.

Published - July 11, 2026 09:13 pm IST