Karnataka Woman Loses Rs 70 Lakh in Jasmine Cultivation Subsidy Scam
Bantwal woman cheated of Rs 70 lakh in subsidy scam

In a shocking case of agricultural fraud, a 48-year-old woman from Karnataka's Bantwal taluk has been cheated of a staggering Rs 70 lakh by fraudsters who promised her substantial subsidies for jasmine cultivation. The elaborate scam unfolded over several months, leaving the victim financially devastated and raising serious concerns about online financial fraud targeting farmers and agricultural enthusiasts.

The Elaborate Subsidy Scam

The victim, identified as Shobha, resident of Peruvai village in Bantwal taluk, first encountered the fraudsters in December 2023. She received communication from individuals claiming to represent government authorities who offered her significant subsidies for establishing jasmine cultivation on her property. The promise of financial support for agricultural development seemed legitimate to Shobha, who was looking to venture into floriculture.

Over the following months, the fraudsters built trust with Shobha through regular communication and official-looking documents. They convinced her to make multiple payments totaling Rs 69,99,500 between December 2023 and July 2024. The scammers used various pretexts to demand money, including processing fees, documentation charges, and other administrative costs supposedly required to release the subsidy amount.

Police Investigation and FIR

The truth emerged only when Shobha realized that the promised subsidies never materialized despite her repeated payments. She approached the Bantwal Rural police station and filed a formal complaint detailing the entire fraudulent scheme. The police have registered a case and initiated a thorough investigation into what appears to be a well-organized scam targeting individuals interested in agricultural ventures.

According to police sources, the investigation is focusing on tracking the digital trail of transactions and identifying the individuals behind this sophisticated operation. The case highlights the growing trend of financial frauds disguised as government subsidy schemes, particularly targeting the agricultural sector where beneficiaries are often eager to access support programs.

Growing Concern Over Agricultural Frauds

This incident in Karnataka's Dakshina Kannada district underscores the vulnerability of farmers and agricultural entrepreneurs to sophisticated financial scams. The jasmine cultivation subsidy scam follows a pattern seen in similar frauds where criminals exploit people's trust in government schemes and their desire to benefit from agricultural incentives.

Financial experts and agricultural authorities emphasize that genuine government subsidies never require beneficiaries to pay upfront fees or processing charges. They advise citizens to always verify the authenticity of such offers through official channels before transferring any money. The Karnataka police have repeatedly warned citizens about such schemes and encouraged direct verification with concerned government departments.

The Bantwal case serves as a crucial reminder for all citizens, particularly those in rural areas, to exercise extreme caution when approached with offers that seem too good to be true. As investigation continues, authorities are working to identify and apprehend the perpetrators behind this Rs 70 lakh scam that has left a family in financial distress.