Thane trader duped of Rs 4.11 crore in elaborate online forex scam

A Thane garment trader, 42, lost a staggering ₹4.11 crore in an elaborate online forex and options trading scam that unfolded over four months. Lured by promises of massive returns via WhatsApp, the trader invested through a fake platform. The scheme unraveled when withdrawal requests were blocked, prompting a police investigation into the digital trail and fund flow.