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Navi Mumbai Trader Loses 1 08 Crore in Stock Scam

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Navi Mumbai Trader Loses 1 08 Crore in Online Financial Investment Rip-off

Navi Mumbai: A 75 -year-old trader from Vashi, Navi Mumbai, has been ripped off of 1 08 crore in an on-line financial investment scam. The target was lured with promises of high returns with a Facebook advertisement.

Secret Truths:

  • The victim was contributed to a WhatsApp team and instructed to open accounts on fake trading platforms.
  • In between December 5, 2025, and January 6, 2026, he made 18 purchases to numerous accounts.
  • The defrauders at first presented filled with air revenues, reportedly revealing the target’s investment growing to 4 crore.
  • A case has actually been registered under the Bharatiya Nyaya Sanhita and the Information Technology Act.

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