Mangaluru: Four persons, including three women, have been accused of cheating a woman and several others of Rs 30.9 lakh by luring them into investing in a purported share marketing scheme promising high returns.According to the police, the four visited the complainant’s residence in Kodi village, Udupi, on June 19.The accused allegedly claimed their company operated from an office in Malpe and assured the complainant that any investment would double. They also stated that the firm was a foreign company and that a one-time investment would create a dollar-denominated investment managed by them.Believing their claims, the complainant invested money on her own behalf, on behalf of her family members, and on behalf of others. In total, the accused allegedly collected Rs 30.9 lakh.Police said the accused later failed to return the money, shut down the office, and disappeared.Based on the complaint, Malpe police registered a case under sections 316(2), 318(4), and 3(5) of the BNS.
