Police in Palghar district, Maharashtra, have lodged a complaint against seven individuals for allegedly swindling a bank manager and two others out of over Rs 84 lakh by promising substantial returns on investments, an official disclosed on Friday.

According to the complaint filed by the victims, between March and April, two of the accused pressured a bank manager based in Vasai into purchasing shares and IPOs. Subsequently, the bank manager's brother and a friend also became involved in the scheme, as reported by PTI.