{
  "id": 13449748,
  "title": "Belagavi man loses ₹21.94 lakh in online investment fraud",
  "url": "https://urgent.news/2026/10/10/belagavi-man-loses-21-94-lakh-in-online-investment-fraud",
  "topic": "world",
  "section": "World",
  "published": "2026-10-10T15:41:03.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/karnataka/belagavi-man-loses-2194-lakh-in-online-investment-fraud/article71568568.ece"
  },
  "original_language": "en",
  "account": "A 60-year-old man from Hindawadi has suffered a loss of ₹21.94 lakh due to an online investment scam, according to the Cyber, Economics and Narcotics (CEN) police. The victim, Kishor, was lured by a YouTube advertisement on June 20 that promised high returns on stock market investments, featuring the name of Union Finance Minister Nirmala Sitharaman. Kishor registered through a link provided in the advertisement.\n\nA person named Sandeep Sharma contacted Kishor and added him to a Telegram group. An individual called Priyansh Sharma allegedly collected ₹22,000 from Kishor via PhonePe. The accused allegedly tricked Kishor into investing more by promising higher returns, leading him to transfer money in instalments through a website. Despite the lack of any investment returns or promised gains, Kishor claims he did not receive any payment. The CEN police have registered a case and initiated an investigation into the matter.",
  "summary": null,
  "key_points": [
    "60-year-old Kishor from Hindawadi loses ₹21.94 lakh in online investment scam.",
    "Lured by YouTube ad promising high returns on stock market investments.",
    "Accused individuals collected ₹22,000 via PhonePe and tricked Kishor into multiple transfers."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}