A 48-year-old man from Maharashtra's Thane district lost nearly Rs 94 lakh after falling prey to a share trading scam, an official said on Wednesday.
The man from the Kalyan area was cheated between April 9 and May 21.
In his complaint, the man said he came across a WhatsApp group named ‘The Value Team A 13' where many members posed as “experts and dished out tips” on making money through the share market.
Police said the “experts” induced the complaint to invest using links and applications provided by them.
The man invested Rs 93.6 lakh in all but did not get any money in return. Realising he had been tricked, the man filed a police complaint.
“We have started an investigation into the matter,” said the station house officer at Khadakpada police station. “Our teams are working to gather evidence and track down the accused,” he added.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Case Against Thane Man For Giving 'Triple Talaq' To Wife And Harassing Her Thane Teen Who Left Home After Being Scolded By Mother Found Dead In Creek Thane Man Gives 'Triple Talaq' To Wife For Going Alone For Walk. FIR Filed Pics: Rahul Gandhi's Family Lunch At Iconic Delhi Restaurant Is Safe Car Enough? Volvo Crash That Killed CEO, Family Sparks Big Question "Nothing Short Of Nightmare": Woman Misses Life Event, Slams Air India Public Sector Hydropower Company Hiring For 118 Posts, Check Details Delhi's Air Quality Turns 'Severe' Despite GRAP-4 Restrictions PM Modi Meets Yoga Practitioner, Other Influencers In Kuwait Track Latest News Live on NDTV.com and get news updates from India and around the world.