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Belagavi Man Loses ₹21.94 Lakh in Online Investment Fraud

Published Saturday, October 10, 2026

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Convergent Narrative · 0
  • Single-Source Coverage — 1 source

What We Know — Key Points

  • A 60-year-old Hindawadi resident has lost ₹21.94 lakh after falling for a YouTube advertisement promising high returns on stock market investments.

What Is Claimed — Perspectives

Single-Source Coverage
  • The Hindu

    A 60-year-old man from Hindawadi, Belagavi, lost ₹21.94 lakh after responding to a YouTube advertisement promising high returns on stock market investments, which featured Union Finance Minister Nirmala Sitharaman's name. The victim was added to a Telegram group and persuaded to transfer money in installments through a website, but received neither his investment nor the promised returns.

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