Updated On: 22 February, 2024 02:55 PM IST | Navi Mumbai | mid-day online correspondent
The Navi Mumbai man was tricked into investing in shares and IPO of a well-known firm using falsified capital gains and tax documents.

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A man from Navi Mumbai was allegedly defrauded of Rs 1.19 crore after being promised high returns on investments, police said on Thursday. Per a PTI report, a case has been registered against three persons for cheating the 51-year-old.
As per the PTI report, the complainant, a resident of Navi Mumbai`s Vashi area, was enticed to invest in shares and initial public offering (IPO) of a well-known firm by the accused using falsified capital gains statements and tax documents.