Maharashtra Man Loses Rs 3.96 Crore in Sophisticated Online Share Trading Scam

Nov 14, 2025 11:45 am CST

A 48-year-old senior manager from Thane, Maharashtra fell victim to a carefully orchestrated online share trading fraud, losing Rs 3.96 crore between May and October. The scammers operated through a WhatsApp group claiming connection to a securities company, promising high returns on equity investments before disappearing with the transferred funds. Authorities are now investigating all digital and financial connections in this case of cybercrime.