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Thane man loses ₹41 lakh in on-line buying and selling fraud; 2 booked | Newest Information India

Printed on: Aug 18, 2025 10:39 am IST

As per the sufferer’s criticism, he got here throughout a buying and selling commercial on Fb and whereas pursuing it, he was added to a WhatsApp group.

Two individuals allegedly cheated a 48-year-old man from Maharashtra’s Thane metropolis of 40.99 lakh in a faux on-line buying and selling scheme, police stated on Monday.

After the sufferer’s efforts to get better the cash failed, he approached the police.

As per the sufferer’s criticism, he got here throughout a buying and selling commercial on Fb and whereas pursuing it, he was added to a WhatsApp group the place he was guided by fraudsters to spend money on IPOs.

He transferred 40,99,814 to some financial institution accounts in Could and June this yr. His accounts later mirrored his funding had risen to 88,39,072, however he was unable to withdraw the quantity.

When the fraudsters requested him to pay 20 per cent of the quantity as tax, the person realised he was cheated, an official from Vartak Nagar police station stated.

After the sufferer’s efforts to get better the cash failed, he approached the police.

Primarily based on his criticism, the police on Sunday registered an FIR in opposition to two individuals, together with a girl, underneath sections 318(4) (dishonest) and three(5) (frequent intention) of the Bharatiya Nyaya Sanhita in addition to provisions of the Data Know-how Act, the official stated.

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