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      <title>Mangaluru Ponzi Bust: Two Locals Accused of ₹10 Crore Deposit Scam</title>
      <link>https://www.kudla.news/news/mangaluru-ponzi-bust-two-locals-accused-of-indian-rupee-10-crore-deposit-scam</link>
      <description>&lt;a href="https://www.kudla.news/news/mangaluru-ponzi-bust-two-locals-accused-of-indian-rupee-10-crore-deposit-scam"&gt;&lt;img alt="Mangaluru Ponzi Bust: Two Locals Accused of ₹10 Crore Deposit Scam" src="https://www.kudla.news/view/news/mangaluru-ponzi-bust-two-locals-accused-of-indian-rupee-10-crore-deposit-scam.jpg"&gt;&lt;/a&gt;&lt;p&gt;Two Katipalla residents allegedly swindled over 10,000 investors in the “New India Royal Scheme,” promising high returns and prizes. Police estimate losses at ₹10 crore.&lt;/p&gt;</description>
      <category>Mangaluru fraud news</category>
      <category>Katipalla Ponzi scheme</category>
      <category>New India Royal Scheme scam</category>
      <category>Surathkal police case</category>
      <category>investment fraud Karnataka</category>
      <category>illegal deposit scheme Mangaluru</category>
      <pubDate>Thu, 14 Aug 2025 01:45:24 GMT</pubDate>
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