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News Today > Blog > Uncategorized > Navi Mumbai man cheated of Rs 65 lakh in share trade fraud; 3 booked
Uncategorized

Navi Mumbai man cheated of Rs 65 lakh in share trade fraud; 3 booked

Saniya Gowda
Last updated: August 10, 2024 11:42 am
Saniya Gowda
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A man from Kalamboli, Navi Mumbai, was defrauded of ₹65 lakh by three individuals who promised high returns from a share trading scheme. Between May and August this year, the victim transferred the money into various accounts, but no returns materialized. Senior Inspector Gajanan Kadam from Navi Mumbai’s Cyber Police Station confirmed that a case of cheating and other offenses has been filed under the Indian Penal Code and Information Technology Act. No arrests have been made yet, and the investigation is ongoing.

In a separate case, the Anti-Corruption Bureau (ACB) in Thane has registered a case against Kapil Changrani for allegedly soliciting a ₹21 lakh bribe from a person involved in a drugs investigation. Changrani reportedly acted as a middleman for two police officers, initially demanding ₹25 lakh to settle the case, which he later reduced to ₹21 lakh. The FIR was filed at Sion Police Station in Mumbai under the Prevention of Corruption Act. The ACB is currently investigating the matter.

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TAGGED:man cheated of Rs 65 lakhNavi Mumbaishare trade fraud
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