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Navi Mumbai man loses Rs 45.6 lakh in share trading fraud; six booked

The cyber police on Thursday registered a case against six persons under sections 419 (cheating), 406 (criminal breach of trust) and other relevant provisions of the Indian Penal Code and the Information Technology (IT) Act

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A 44-year-old Navi Mumbai man was allegedly duped of Rs 45.6 lakh by cyber fraudsters who lured him to invest in share trading, police said on Saturday, reported news agency PTI.

The cyber police on Thursday registered a case against six persons under sections 419 (cheating), 406 (criminal breach of trust) and other relevant provisions of the Indian Penal Code and the Information Technology (IT) Act, an official said, reported PTI.

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