A 48-year-old man from Kharghar in Navi Mumbai has been allegedly duped of Rs 1.07 crore by people promising high returns through share trading. A case was registered against 15 accused, including the owners of an app and a website, on Sunday (May 26) as part of the ongoing investigation. The victim, a resident of Kharghar township in Maharashtra’s Navi Mumbai district, was contacted multiple times between February 13 and May 5. The fraudsters assured him of lucrative returns through share trading, convincing him to deposit money into various bank accounts. The victim transferred a total of Rs 1,07,09,000 into different bank accounts. However, when he requested returns and a refund of his invested money, the fraudsters did not respond. Realising he had been deceived, the man filed a complaint with the cyber police.
