Thane Senior Citizen Cheated of Rs 1.06 Crore in Online Investment Scam

Thane, December 6: In a significant case of cyber fraud reported from Maharashtra, a 78-year-old man residing in Thane city was allegedly swindled out of Rs 1.06 crore. The victim was lured into the scam with promises of high returns on online investments, according to information provided by the police on Saturday.

The police have registered a case against an individual in connection with this incident. An official from the Rabodi police station stated that the accused initially added the senior citizen to a WhatsApp group. Later, the victim was inducted into another group specifically for investment purposes, where he was enticed with the prospect of lucrative profits, as per agency report.

Trusting the claims made by the fraudster, the victim allegedly transferred a total of Rs 1.06 crore through 21 online transactions into various bank accounts.

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These transfers took place between the months of October and November. The fraud came to light when the victim attempted to withdraw his funds or asked for his money back, at which point the accused ceased all communication and stopped responding.

Based on the complaint filed by the victim, the police registered a case of cheating against the accused on Thursday. The authorities have confirmed that an investigation into the matter is currently underway.