The sufferer didn’t get the returns as promised and the accused gave him evasive replies when he sought a refund of the invested sum. (Representative picture)
The man invested an enormous sum as instructed by the accused since December final 12 months.
A case has been registered towards three individuals for allegedly dishonest a 51-12 months-outdated man from Navi Mumbai of Rs 1.19 crore after being promised excessive returns on investments, police mentioned on Thursday.
The sufferer, a resident of the Vashi space, was deceived by the accused with pretend capital beneficial properties statements and tax paperwork and lured to put money into shares and the IPO (preliminary public providing) of a nicely-recognized firm, cyber police station’s senior inspector Gajanan Kadam mentioned advised information company PTI.
Also Read: High Returns Scam! Cryptocurrency Trading Fraud In Navi Mumbai, Businessman Loses Rs 60 Lakh
He invested an enormous sum as instructed by the accused since December final 12 months.
But, the sufferer didn’t get the returns as promised and the accused gave him evasive replies when he sought a refund of the invested sum, the official mentioned.
Based on his grievance filed on Wednesday, a case was registered towards three individuals underneath totally different sections of legislation.
In one other comparable incident, police registered a case towards 9 individuals for allegedly dishonest a 40-12 months-outdated girl from Navi Mumbai of Rs 1.92 crore in on-line share buying and selling.
The accused lured the sufferer, a resident of the New Panvel space, into on-line buying and selling of shares with a promise of excessive returns on her investments.
She transferred a collective sum of Rs 1,92,82,837 into varied financial institution accounts since December 2023 as instructed by the accused, however was not in a position to withdraw any quantity later.
(With PTI inputs)
