Thane Resident Duped of Rs 40.75 Lakh in Trading Scam

A 48-year-old Thane man was allegedly scammed out of Rs 40.75 lakh through a stock trading scheme. Four suspects lured him into investing via a WhatsApp group, only to funnel his money into their accounts. An FIR has been registered against the accused following evasive responses to his queries about returns.

In a shocking case from Thane city, Maharashtra, a 48-year-old man has reportedly been deceived out of Rs 40.75 lakh by individuals who lured him into stock trading with promises of high returns, police revealed on Monday.

The victim, employed at a private firm, was approached by the alleged perpetrators on several occasions starting from March this year. They added him to a WhatsApp group and persuaded him to download an application for stock trading. The funds he invested were subsequently transferred to the accused's accounts, according to police officials.

When the man requested the returns on his investments, the accused provided evasive replies, leading him to file a complaint. Based on the complaint, the police registered an FIR against four individuals under relevant legal provisions on Saturday.

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