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Navi Mumbai businessman loses Rs 60L in cryptocurrency trading fraud; 5 booked

The accused last month contacted the victim, a resident of Kalamboli area who runs a logistics business, and lured him to invest in forex and cryptocurrency trading, promising high returns, Navi Mumbai cyber cell`s senior police inspector Gajanan Kadam said

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A 59-year-old Navi Mumbai businessman has allegedly been duped of Rs 60.23 lakh after being lured to invest in forex and cryptocurrency trading for lucrative returns, police said on Tuesday, reported news agency PTI.

The police have registered a case against five persons in this connection.

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