A 47-year-old pathology lab owner from Maharashtra’s Thane district has fallen victim to a share trading fraud, losing ₹42.35 lakh after being lured with promises of high returns, police officials confirmed on Wednesday.

According to PTI, the victim, a resident of Belavali in Badlapur area, was contacted by an unidentified fraudster over the phone. The accused convinced him to invest in stock trading, assuring lucrative profits. As per PTI reports, the fraudster provided the victim with links for investment platforms, directing him to make transactions through these links.