Man Defrauded of ₹3 Crore in Scam

Swift Summary

• A man in Krishna district, Andhra Pradesh, was allegedly duped of ₹3 crore by a fraudster claiming possession of a supernatural antique holy water pot (‘Kamandalam’) said to be worth ₹100 crore.
• The accused, Lakshmi Prasad from Vijayawada, befriended the victim in 2020 and convinced him to pay money in instalments for the claimed artifact.
• The accused reportedly used hypnosis and deception during interactions and never showed the alleged Kamandalam to the victim.
• Upon realizing the fraud, the victim approached Penamaluru police on September 14, 2025; investigations are ongoing to determine if others were involved.

indian Opinion Analysis
This case highlights societal vulnerabilities fueled by superstition and financial greed. Trust exploitation through fabricated claims of supernatural powers points to broader issues around awareness and education related to scams promising remarkable outcomes.instances like this call for strengthened public vigilance alongside better law enforcement capabilities to address manipulation tactics such as hypnosis or emotional coercion effectively.

For read more: The Hindu, Published September 15, 2025