12 October,2021 04:45 PM IST | Thane | PTI
This picture has been used for representational purpose
A 23-year-old man from Maharashtra's Thane city was allegedly cheated of over Rs 12.5 lakh on online trading applications, police said on Tuesday.
The matter came to light when the victim, a resident of Davle Nagar, lodged a complaint in this regard at Vartak Nagar police station, an official said.
As per the complaint, the victim, who frequented several online trading portals, was wooed by schemes that promised good returns on investment, the official said.
The victim invested Rs 12.53 lakh using different trading applications, and realised that he had been cheated when the amount got deducted from this account, but he did not receive any acknowledgment for the investment, he said.
Also read: Mumbai Crime: Welcome kits to new account holders help bank unearth fraud
ALSO READ
IPS Sanjay Verma to be next Maharashtra DGP
Vasai waste collector kills co-workers, then dies of heart attack
Mumbai fisherwomen’s livelihoods threatened by Bellasis bridge expansion
Laughter takes center stage as The International Clown Festival comes to town
Sarvankar remains in the Mahim race, spotlight on BJP’s vote share
The cyber cell of the city police managed to retrieve a sum of Rs 5.24 lakh before it could be diverted, the official said, adding that the police are investigating to recover the rest of the money.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.