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

The Navi Mumbai man was made to transfer Rs 65 lakh into various accounts between May and August this year as part of the share trading scheme

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A Navi Mumbai man from Kalamboli was duped of Rs 65 lakh allegedly by three persons who promised him good returns from share trading, a police official said on Friday, reported news agency PTI.

The Navi Mumbai man was made to transfer Rs 65 lakh into various accounts between May and August this year as part of the share trading scheme but the promised returns never materialised, Senior Inspector Gajanan Kadam of Navi Mumbai's Cyber police station said, reported PTI.

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