Mangaluru Police Bust Cross-Border Investment Fraud, 11 Arrested

• Mangaluru Cyber Crime Police arrested 11 individuals linked to an investment fraud syndicate operating from Nepal.
• The syndicate targeted Indian citizens through online investment scams coordinated via social media platforms.
• Digital forensics revealed 624 bank accounts used to route fraudulent proceeds, with one account alone seeing transactions over Rs 167 crore.
• Victims were defrauded of crores, including one who lost Rs 1.38 crore, with funds diverted into cryptocurrency and transferred abroad.
• Police warned of 'digital slavery' where Indian youths are lured overseas for forced cyber fraud operations.