Thane, May 16 (PTI) A Thane resident lost Rs 93.30 lakh after he was lured into investing in a forex trading scheme by two persons, both of whom have been booked, a police official said on Saturday.
The accused, identified as Ananya Agarwal and Mukul Agarwal, allegedly manipulated a digital trading app to show fake earnings to the victim between January and May this year, the Chitalsar police station official said.
“The duo provided the victim with a specialized trading application to track his portfolio. Aside from displaying his actual deposits, the application showed artificial, inflated earnings to the tune of Rs 3 crore,” he said.
However, the man realised he had been duped when he was unable to withdraw his principal investment and the accumulated virtual profits as the app was blocking such transactions, the official said.
Ananya Agarwal and Mukul Agarwal were booked under Bharatiya Nyaya Sanhita for cheating, forgery and other offences but are yet to be arrested, he said. PTI COR BNM
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