According to the complaint, the couple was introduced to Karle in December 2024, and the latter claimed to possess 5,000 unlisted shares of NSDL and 3,000 of NSC (National Stock Exchange), luring them to purchase the shares, claiming they would soon be listed

According to the police, the fraudsters sent a fake APK mobile application to the 27-year-old naval employee posted at the Naval Dockyard in Colaba, gaining unauthorised access to his mobile phone and misusing his credit cards