A Navi Mumbai-based builder was allegedly cheated of more than Rs 13.5 crore by cyber fraudsters who lured him into share trading, police said on Tuesday.
Based on a complaint, a case under sections 319(2) (cheating by personation) and 318(4) (cheating) of the Bharatiya Nyay Sanhita and relevant provisions of the Information Technology Act was registered at Cyber police station, senior inspector Gajanan Kadam of the Cyber police station said.
The builder has alleged that the accused contacted him through various means and lured him to take up share trading by sending money to different bank accounts over the last eight months, he said.
The complainant invested more than Rs 13.5 crore, and when he sought returns and the original investment, the alleged accused did not respond, the official said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Featured Video Of The Day
PM Modi Gets Top Honour In Kuwait, Discusses Strategic Partnership With Top Leadership
Search For 7-Year-Old Boy Missing After Mumbai Ferry Accident Continues Gang Involved In Rs 10 Crore Cyber Fraud Scam Busted In Rajasthan, 2 Arrested Who Gave Permit For Trial Run? Cops Ask Navy In Mumbai Boat Tragedy 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.